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If the proceeds are under $1000 then you do not have to declare anything.
"When a gain is realized form the sale of personal use property the Income Tax Act provides that the proceeds of the sale are deemed to be the greater of $1,000 or the amount of the actual proceeds. Similarly the adjusted cost base is deemed to be the greater of $1,000 and the actual proceeds of disposition. These rules effectively ensure that larger gains are taxes and small transactions are excluded from taxation."
Now the question is, can you argue that each unit you have is a separate property.
IE. If you sell 100 x 10 oz bars at $300 each, will you not be taxed as each bar's proceed of disposition is $300?
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