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CB 28: Environmental restoration accounts
or “How income is calculated from environmental restoration account refunds and transfers”
You could also call this:

“Money from selling minerals counts as income, regardless of land ownership”

If you get money from selling minerals that you took from land, that money is counted as your income. This rule applies even if you don’t own the land where you found the minerals. It doesn’t matter if the land belongs to you or someone else - the money you make from selling the minerals is still considered your income.

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Next up: CB 30: Disposal of patent applications or patent rights

or “Money from selling patent applications or rights counts as income”
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Part C Income
Income from business or trade-like activities: Exclusion for investment land

CB 29Disposal of minerals

  1. An amount that a person derives from disposing of minerals taken from land is income of the person.

  2. Subsection (1) applies whether or not the person owns the land from which the minerals are taken.

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