Friesen v. Canada, 95 DTC 5551, [1995] 3 SCR 103 -- summary under Ordinary Meaning

By services, 28 November, 2015

After concluding that property held as an adventure in the nature of trade qualified as "inventory", and after noting that such property would qualify as inventory for accounting purposes, Major J. stated (at p. 5557):

"... the Court should be cautious to adopt an interpretation which is clearly inconsistent with the commonly accepted usage of a technical term particularly where an interpretation consistent with common usage is more natural on a plain reading of the definition."

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common usage of a technical term given weight
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Drupal 7 entity type
Node
Drupal 7 entity ID
340310
Extra import data
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