Matt Harris & Son Ltd. v. The Queen, 2001 DTC 28 (TCC) (Informal Procedure) -- summary under Income-Producing Purpose

The taxpayer, the operator of a wood contracting and construction business, was able to deduct the amount of racing expenses incurred by it (less prize money claimed) in respect of a stock car owned by it but driven by its sole shareholder and president, on the basis that such expenses were a form of advertising, and should not be disallowed simply because of the owner's satisfaction and interest in the activity.