Understanding the Prince Edward Island Lands Protection Act

"Deeming" (Things just got complicated...) Jack is involved in the farming industry and operates three different companies; one grows potatoes, one is involved in organic farming, and the other grows carrots. For the moment, we'll ignore the various statutory provisions that provide for various types of land to be excluded from a person's or corporation's calculations of their respective "aggregate land holding". Let's look at the corporate structure of all three companies.

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