Canada v. Craig
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Case Brief
Facts
John Craig, a lawyer, also engaged in horse-racing activities (buying, selling, training and maintaining horses). He deducted losses from his horse-racing business from his other income in 2000 and 2001. The Minister reassessed, limiting the deductions based on *Moldowan v. The Queen*, arguing that the combination of his law practice and horse-racing was not his chief source of income. The trial judge allowed Craig's appeal following *Gunn v. Canada*, and the Federal Court of Appeal dismissed the Minister's appeal, holding that it was required to follow its prior decision in *Gunn*.
Issues
1. Whether the Federal Court of Appeal was correct in following its own precedent in *Gunn v. Canada*, which adopted a more generous interpretation of what constitutes a 'combination of farming and some other source of income' under s. 31(1) of the Income Tax Act. 2. Whether the Moldowan approach to interpreting the 'combination' aspect of s. 31(1) is correct. 3. Whether Craig's farming (horse-racing) activities, combined with his law practice, constituted his 'chief source of income' for the purposes of s. 31(1) of the Income Tax Act, allowing him to fully deduct farming losses from his total income.
Legal Analysis
The Supreme Court found that the lower courts should have limited themselves to writing reasons as to why *Moldowan* was problematic rather than purporting to overrule it, as *Moldowan* was a binding precedent. The Court also stated that while it is not a step to be lightly undertaken, the *Moldowan* approach to the 'combination' question in s. 31(1) is incorrect and requires revisiting. The Court emphasized that s. 31(1) provides two distinct exceptions, and a judge-made rule that reads one out of the provision cannot stand. The Court outlined factors to consider when determining if farming combined with another source is a 'chief source of income', including capital invested, income from each source, time spent, and taxpayer's lifestyle, farming history, and future intentions. Both endeavors must be significant, but not necessarily connected, and farming need not be the predominant source. The determination is factual and requires a flexible approach.
Decision
The appeal was dismissed. The Supreme Court upheld the lower court's decision, finding that the Crown conceded that the horse-racing operation was a business. They found no basis to disturb the lower court's finding that the combination of Craig's farming (horse-racing) and law practice constituted his chief source of income. Therefore, the loss deduction limitation in s. 31(1) of the Income Tax Act did not apply, and Craig was entitled to deduct his farming losses from his total income.