Pollock v. The Queen, 90 DTC 6142, [1990] 1 CTC 196 (FCTD), aff'd 94 DTC 6050 (FCA) -- summary under Business

Taxpayer's counsel unsuccessfully submitted that because the definition of "business" specifically excluded an office or employment, the Minister's assumption that the taxpayer had received employee stock options in connection with an adventure in the nature of trade could not stand. "[A"] taxpayer may acquire shares under employee stock options and at the same time become engaged in an adventure in the nature of trade with respect to the shares so acquired." (p. 6146)