Jason, a resident of Canada, owns 10% of the shares of Kasnes Ltd. (KL). A non-resident owns the remaining 90% of the shares. Jason paid $50,000 for his shares of KL. For the last three years, the company has suffered substantial losses. Jason has been offered $20,000 for his shares by an unrelated party. Jason did not realize any capital gains in the year. How will the sale of the shares of KL be treated for tax purposes if he accepts the offer?