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On November 23, 2019, Victoria Ltd. acquired 20 percent of the 15,000 issued shares of Vancouver Ltd. at a cost of $32.50 per share. On
On November 23, 2019, Victoria Ltd. acquired 20 percent of the 15,000 issued shares of Vancouver Ltd. at a cost of $32.50 per share. On December 20, 2019, these shares paid a dividend of $2.25 per share, and on August 15, 2020, Victoria sells the shares for $29 per share. What is the amount of the capital loss on the Vancouver Ltd. shares for Victoria Ltd. for the taxation year ended August 31, 2020?
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