Perfect Fry Company Ltd. v. The Queen, 2007 DTC 588, 2007 TCC 133, aff'd supra 2008 DTC 6472, 2008 FCA 218 -- summary under Canadian-Controlled Private Corporation

Paris J. found (at p. 600) that paragraph (b) of the definition "was not intended to require an attribution of the ownership of shares of a corporation to a hypothetical shareholder in the case where all of the shares of the corporation are already owned by a single shareholder". Accordingly, paragraph (b) did not apply to a wholly-owned subsidiary of a public corporation whose ultimate control was by a group of Canadian resident individuals.