“Archived” and “Cancelled” ITs

The CRA has been “archiving” certain of its Interpretation Bulletins and Information Circulars, which prompted one of our readers to ask “What does it mean when an IT or IC has been ‘archived’ or ‘cancelled'”? I wasn’t exactly sure myself, and so I wrote to the Income Tax Rulings Directorate in Ottawa to inquire further. The following is its response: