Canada - Vancouver British Columbia - Smith Maneuver?

[Tomislav Glamuzina]

Hey Everyone,

New investor and student. I was curious if some of you fine people here at BiggerPockets can enlighten me about the Smith Maneuver in Canada. I understand the idea but I think some real examples would help clarify things for me. So, if anyone out there can help shed some light on this, in as much detail as possible:) (pro/cons,etc) that would be great. Thank you! 

Also, I am at the point where I will be getting my first property soon. Is this something that a first-time investor can implement.