Bernier v. Canada, 2000 DTC 6053 (FCA) -- summary under Paragraph 6(1)(a)

A lump sum was paid to the taxpayer as compensation for the unilateral termination by her employer of a stock option plan and not for an assignment of rights under the stock option plan. Given that the source of the payment was not a stock option contract but, rather, its unilateral repudiation, the amount received by the taxpayer did not fall under s. 7(1)(b), and was a taxable benefit under s. 6(1)(a).