La Forest J. (orally; L’Heureux-Dubé, Sopinka, Cory, McLachlin, We agree with the conclusion reached by the Tax Court and Mr. Justice McDonald, the dissenting judge in the Court of Appeal. In our view, in the circumstances of this case, the property retained its character as inventory in the hands of the appellant.
Accordingly, the appeal is allowed with costs throughout, the judgement of the Court of Appeal is set aside, and the judgement of the Tax Court is restored.
Appeal allowed.