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Can a Canadian company value its long-term assets at fair value? No, Canadian companies must use the cost model. Yes, if the company uses the

Can a Canadian company value its long-term assets at fair value? No, Canadian companies must use the cost model. Yes, if the company uses the International Financial Reporting Standards, it may choose to do so. Yes, all Canadian companies must use fair value. Yes, all Canadian companies can use fair value, with no restrictions

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