$1.$ Bruce Wayne one of our high$-$net$-$worth clients, departed from Calgary, AB$,$ to re$-$establish her derivative trading$/$merger arbitrage business in Monaco City, Principality of Monaco.

Her kids will accompany her. Her estranged husband will not be accompanying her$$they have been separated for the last $5$ years, and a divorce, nonetheless, has not yet been finalized.

As you must be aware, property prices are volatile and depressed currently; thus, she was not able to sell her penthouse at a price she demands. However, she was able to rent out the property through a real estate management company$$as per our conversation, the real estate company will be collecting rent and managing the tenant.

She has no relation or personal connection with the tenant, of course.

She has also acquired an apartment in Monaco City$$a cash transaction.

Mr$.$ Wayne is a member of CFA Society Calgary; however, she intends to change this membership commitment from CFA Society Calgary to the CFA Chapter in Monaco.

Will she still be considered a Canadian resident for tax purposes? Will she be liable to pay tax on her international income?