Which of the following is NOT one of the criteria required for the application of ITA84.1?

A.

Immediately after thetransaction, the corporation that acquired the shares and the taxpayer who disposed of the shares are connected

B.

The shares disposed of by the individual taxpayer are acquired by another corporation that does not deal atarm's length with the taxpayer

C.

The resident taxpayer disposes of shares of a corporation resident inCanada, which are held as capital property by the individual

D.

The taxpayer utilizes their lifetime capital gains exemption to create atax-free capital gain on the disposition of shares