•If
the activity generates a profit, CRA has indicated as follows:
–The
income generating activity cannot be the principal activity of the
corporation and the resulting income must be used by the
corporation in carrying out its exempt objectives (Document 1998-97046)
–There must be a causal relationship between the profit
making activity and the exempt purpose of the organization (Document
2002-01538)
–The profit must be it is unanticipated and incidental to
carrying out the NPO’s exempt purposes (Document 2009-033731)