Hey Franze, I was watching a tax expert on TV back a few months ago and he said that you could be both a day trader and a longterm holder at the same time. i.e. you may get dinged for business income on some of it and for capital gains on some of it depending on how long you hold it.  It sounds like this may apply to you as you have a core position and a trading position - the core position woud be capital gains and the trading position straight income.

My understanding is that Canada Revenue does not really push too hard to call people daytraders - the reason: if you have losses, the losses will become deductible against other income if you are a daytrader (i.e. in that business).

Good luck.