Mr. Peter Brown owns 3,000 shares of Trend Enterprises Inc. These shares have an adjusted cost base of $150 per share. On December 31, 2020, the shares are trading at $170 per share. At this time, he gives 500 of these shares to his 13 year old daughter. He gives the remaining 2,500 shares to his wife. During 2021, the shares pay eligible dividends of $5 per share. On December 31, 2021, both his daughter and his spouse sell their shares for $130 per share. Assume that Mr. Brown does not elect out of ITA 73(1). Indicate the tax consequences of these transactions for Mr. Brown, his daughter, and his spouse, in each of the years 2020 and 2021. If there are no tax consequences for either individual in a given year, you should clearly state this fact in your answer.