Royal Bank of Canada v. Saskatchewan Power Corp., 90 DTC 6330, [1990] 2 CTC 285 (Sask QB) -- summary under Subsection 224(1.2)

By services, 28 November, 2015

Wright, J. refused to follow the decision of the Alberta Court of Appeal in Lloyds Bank v. International Warranty Co. Ltd., and found that s. 224(1.3) was effective to give the Crown priority over a secured creditor.

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Topic
Income Tax Act - s. 224(1.2)
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336427
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