Who cares what the inclusion rate or the minimum holding period is when the vast majority of such flips are not reported at all, and the feds don't check!!   The CRA refuses to cross-check provincial data (property transfer taxes) or real estate board data (all deals) or non-CREA data (Property Guys, ComFree, etc..) against federal tax returns.   They would find 10s of thousands of taxable deals, going back to the onset of the boom/bubble...   It is a little bit amazing that the tax-and-spend government of Jr. is NOT (yet) going after that money!