Bueti v. The Queen, 2015 DTC 1213 [at at 1374], 2015 TCC 265 -- summary under Ownership

Before concluding that a residuary beneficiary in an estate had acquired a property by purchase rather than devise, Owen J observed that, under the laws of Ontario, residuary beneficiaries do not acquire an interest in any specific property in the residue of the estate and it is instead the executors who acquire the property in the residue (noting, at para. 56, that 909403 Ontario Ltd. v. DiMichele, 2014 ONCA 261 "confirmed that an entitlement to the residue of an estate under a will does not amount to a property interest in specific estate assets"). See summary under s. 70(5).