Quanto Ltd. is a Canadian-controlled private corporation operating an active business and all of its shares are owned by individual Q. Quanto's assets consist of cash and accounts receivable $50,000, inventory at market value $200,000, equipment at undepreciated capital cost $180,000, marketable securities at market value $90,000, and goodwill at cost $15,000. A recent appraisal indicated the market value of the equipment is $190,000 and the goodwill is $50,000. If Q sells shares of Quanto to a non-relayed person, all or a portion of the gain is eligible for the capital gain exemption. Is this statement true or false?