Partridge v. The Queen, 2004 TCC 471 (Informal Procedure) -- summary under Business Source/Reasonable Expectation of Profit

The taxpayer's a farming loss of $26,142 was allowed given that the only reason for the disallowance of the loss given by the Minister was the reasonable expectation of profit doctrine, and it was not pleaded as an assumption or as an additional reason that there was any personal element in the taxpayer's farming operation. Bowman A.C.J. further indicated that although the taxpayer's farming operation was a commercially unsuccessful farming operation, it was not a hobby or engaged in to satisfy purely personal as opposed to commercial goals.