canadian tax

Question 4 (1 point) Listen Jackie Bryson borrows $300,000 and invests the entire amount in the shares of Rollin Inc. Nine months later, he sells these shares for $160,000. The proceeds of the sale are used to pay off $160,000 of the loan, leaving an ongoing balance of $140,000 True or false: he can continue to deduct the interest payments on this $140,000 balance. True False