•IT-496R
lists some characteristics that CRA considers in determining
whether an activity is a trade or business
§a) Is it a trade or business in the ordinary meaning,
e.g. operated in a normal commercial manner;
§b) Are its goods or services restricted to members
and their guests;
§c) Is
it operated on a profit basis rather than a cost recovery basis; or
§d) Is it operated in competition with taxable entities
carrying on same trade or business
§
•