Nick is single and has recently qualified as a CPA. He has accepted a position with an accounting firm in another country for a two-year term, with the option to renew the appointment for a further two-year term. Nick continues to pay professional membership dues to CPA Canada but also pays membership dues to the professional accounting body in the country he has relocated to. Nick hired a property management company to manage his condo during his absence. The property management company leases the furnished condo in intervals of one year. The rent, net of the fee to the property management company, is deposited in Nicks Canadian bank account and he uses the money from the account to pay property taxes and interest on the mortgage. In the country Nick has relocated to, he has rented an apartment, close to the beach, on a two-year lease. Nick is an avid skier and has stored his winter clothing and ski equipment at his parents home in Canada. He also provided his younger brother with the use of his car while he is away, with the understanding that he would use the vehicle when he visits. Nicks new employer continues to pay his provincial health insurance premiums. Nick visits Canada twice each year once at Christmas for 10 days, and again in the summer for a four-week period, which he spends with his family at their lake cottage.

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Nick has come to you for help in determining whether Nick will be considered a resident of Canada under common law during the two-year period he works abroad. You are tasked with responding to Nick, and providing a detailed explanation with supporting evidence concluding on his residency situation