With Respect to the Calculation of Net Income for Tax

With respect to the calculation of Net Income For Tax Purposes, which of the following statements is NOT correct?

A) Subdivision e deductions are subtracted from the total of all positive sources of income.
B) Allowable capital losses for the year can only be deducted to the extent of taxable capital gains for the year.
C) Business losses can be netted against employment income in determining the positive amounts to be included under ITA 3(a) and 3(b) .
D) Property losses can only be deducted after the subtraction of Subdivision e deductions.