Depends on what that qualified flight instructor is doing, if he is there for a joy ride then of course you log it as PIC.
Now Again if he is assessing your flying while being onboard with you, that means he is officially working and has the right to log it as a dual flight and due to the fact that he is not a Transport Canada examiner and that it is not a flight test you cannot log it as PIC in the journey log.
Last edited by superdunkaroos; 17th June 2011 at 12:50.