On June 4, 2012, the Supreme Court of Canada granted leave to appeal in the case of Daishowa-Marubeni International Ltd. v. The Queen.  The case is being closely watched by the tax community in Canada, and concerns the tax treatment to the vendor of contingent reforestation obligations assumed by the purchaser of forest tenures in Alberta.  Last week, additional parties filed applications for leave to intervene in that appeal.  Four forest companies in British Columbia (Tolko Industries Ltd., International Forest Products Limited, West Fraser Timber Co. Ltd., and Canfor Corporation) applied for leave to intervene on the basis that they can bring a fresh perspective on the issues as they relate to similar transactions undertaken in British Columbia and governed by British Columbia law.  In addition, the Canadian Association of Petroleum Producers (CAPP) applied for leave to intervene on the basis that CAPP can bring a fresh perspective on the issues as they relate to similar transactions undertaken in the oil and gas industry.