- accident and sickness insurance
- acquisition costs
- active business
- active member
- adjusted business income
s net resource income for the year exceeds the corporation’s net resource adjustment for the year, and(c)all amounts each of which is an amount in respect of refund interest included in computing the taxpayer’s income for the year, to the extent that the amount is included in the amount determined to be the adjusted business income, within the meaning of section 5202, of the corporation for the year; (revenue rajusté d’une entreprise)(d)[Repealed, SOR/2007-19, s. 7]
- adjusted purchase price
s interest in an annuity contract at any time, means, subject to subsections 300(3) and (4), the amount that would be determined at that time in respect of the interest under the definition adjusted cost basis in subsection 148(9) of the Act if the formula in that definition were read without reference to K. (prix d’achat rajusté)
- administrator
- allocation in proportion to patronage
apport commercial)
- amount of remuneration
),(b)where the boat or gear used in making a catch is owned or leased by a fisherman who alone or with another individual engaged under a contract of service makes the catch, such portion of the proceeds from the disposition of the catch that remains after deducting therefrom(i)the amount in respect of any portion of the catch not caught by the fisherman or the other individual,(ii)the amount payable to the other individual under the contract of service, and(iii)the amount of such proportionate share of the catch as is attributable to the expenses of the operation of the boat or its gear pursuant to their share arrangement,(c)where a crew includes the o
- amount payable
- application for a certificate of completion
s application deadline”) that is the later of(a)the day that is 24 months after the end of the corporation’s taxation year in which the production’s principal photography began, or(b)the day that is 18 months after the day referred to in paragraph (a), if the corporation has filed, with the Canada Revenue Agency, and provided to the Minister of Canadian Heritage a copy of, a waiver described in subparagraph 152(4)(a)(ii) of the Act, within the normal reassessment period for the corporation in respect of the first and second taxation years ending after the production’s principal photography began. (demande de certificat d’achèvement)
- attributed amounts
s capital gain or capital loss – from a disposition, in the stub period or at the particular time referred to in paragraph (8)(b), of a property that is not an excluded property – that is not described in paragraph (a); and(c)any income or profits tax paid to the government of a country, in respect of amounts described in paragraph (a) or (b). (sommes attribuées)
- attributed surplus
- average Consumer Price Index
indice des prix à la consommation)
- basic oxygen furnace gas
- beneficiary
- benefit
- benefit on death
- benefit provision
- bio-oil
- biogas
- bitumen development phase
s oil sands project means a development phase that expands the oil sands project’s capacity to extract and initially process tar sands to produce bitumen or a similar product; (phase de mise en valeur du bitume)
- bituminous sands equipment
exploitation de sables bitumineux)
- blast furnace gas
- block of shares
actions)
- block of units
unités)
- bridging benefits
- Canadian
- Canadian assets
s balance sheet at the end of the year if its balance sheet were prepared on a non-consolidated basisexceeds(b)the investment allowance of the corporation for the year determined under subsection 181.3(4) of the Act; (actif canadien)(c)[Repealed, 2013, c. 33, s. 38]
- Canadian business property
entreprise canadien)
- Canadian equity property
- Canadian exploration and development overhead expense
s share of a Canadian renewable and conservation expense incurred by a partnership and(a)that was in respect of the administration, management or financing of the taxpayer,(b)that was in respect of the salary, wages or other remuneration or related benefits paid in respect of a person employed by the taxpayer whose duties were not all or substantially all directed towards exploration or development activities,(c)that was in respect of the upkeep or maintenance of, taxes or insurance in respect of, or rental or leasing of, property other than property all or substantially all of the use of which by the taxpayer was for the purposes of exploration or development activities, or(d)that may reasonably be regarded as having been in respect of(i)the use of or the right to use any property in which any person who was connected with the taxpayer had an intere
- Canadian government film agency
État)
- Canadian investment fund
s Canadian reserve liabilities as at the end of the year (to the extent that the amount exceeds the amount of surplus appropriations included in that amount), and(ii)the greater of(A)the amount determined by the formulaC + ((D - E + F) x (G / H))whereCis 8% of the amount determined under subparagraph (i),Dis the total of all amounts each of which is the amount of a deferred realized net gain or an amount expressed as a negative number of a deferred realized net loss of the insurer as at the end of the year,Eis the total of all amounts each of which is the amount of an item reported as an asset that is owned by the insurer at the end of the year and is a share of the capital stock of, or a debt owing to the insurer by, a financial institution affiliated with the insurer,Fis the total of all amounts each of which is the amount as at the end of the year of a debt assumed or incurred by the insurer in respect of the acquisition of an asset described in E (or another property for which an asset described in E is a substit
- Canadian investment property
- Canadian oil and gas exploration expense
were read as “any of paragraphs (a) to (e)”, and(c)the reference in paragraph (i) of that definition to “any of paragraphs (a) to (g)” were read as “any of paragraphs (a) to (e)”; (frais d’exploration pétrolière et gazière au Canada)
- Canadian outstanding premiums
- Canadian premiums
s net premiums for the year(a)in respect of insurance on property situated in Canada, and(b)in respect of insurance, other than on property, from contracts with persons resident in Canada,and, for the purposes of this definition, net premiums has the same meaning as in subsection 403(2), and subsection 403(3) applies as if the references therein to “province” were read as references to “country”; (primes canadiennes)
- Canadian reserve liabilities
- Canadian resource profits
- capital tax
- cash surrender value
- catch
- certifiable past service event
- certificate of completion
s certification deadline”) that is six months after the production’s application deadline. (certificat d’achèvement)
- certified feature film
- certified production
- certified short production
- Chief Electoral Officer
- claim liability
- class of animal
animaux)
- classification society
- coal mine operator
- complete period of reduced services
- completion
s oil sands project means the first attainment of a level of average output, attributable to the specified development phase and measured over a sixty day period, equal to at least 60% of the planned level of average daily output (as determined in paragraph (b) of the definition specified development phase) in respect of that phase; (achèvement)
- computer software
- connected person
s length with that person; (personne rattachée)
- connected shareholder
s length with the corporation where the total of all amounts, each of which is the cost amount of any share of the capital stock of the corporation, or of any other corporation that is related to it, that the person owns or is deemed to own for the purposes of the definition specified shareholder in subsection 248(1) of the Act, is less than $25,000; (actionnaire rattaché)
- consumer goods or services
- Consumer Price Index
- contractual service margin
- contribution year
- controlled foreign affiliate
- conventional lands
- copyright owner
auteur)
- cost of capital
were read as references to “the partnership” and the references in those paragraphs to “the year” were read as references to “the fiscal period of the partnership coinciding with or ending in the year”, th
- cost of labour
were read as references to “the partnership” and the references in those paragraphs to “the year” were read as references to the “fiscal period of the partnership coinciding with or ending in the year”, that(i)the corporation’s share of the income or loss of the partnership for that fiscal p
- cost of manufacturing and processing capital
- cost of manufacturing and processing labour
oeuvre de fabrication et de transformation)
- cost to the taxpayer
) after June 13, 1963, and has, by one or more transactions between persons not dealing at arm’s length, become vested in the taxpayer, the greater of(i)the actual cost to the taxpayer, and(ii)the actual cost to the original owner, and(c)where the automobile was acquired by the taxpayer outside Canada for use in connection with a permanent establishment, as defined for the purposes of Part IV or Part XXVI, outside Canada, the lesser of(i)the actual cost to the taxpayer, and(ii)the amount that such an automobile would ordinarily cost the taxpayer if he purchased it from a dealer in automobiles in Canada for use in Canada; (coût pour le contribuable)
- coverage
- crew
- data network infrastructure equipment
- defined benefit limit
- dependant
s death means a parent, grandparent, brother, sister, child or grandchild of the individual who, at that time, is both dependent on the individual for support and(a)under 19 years of age and will not attain 19 years of age in the calendar year that includes that time,(b)in full-time attendance at an educational institution, or(c)dependent on the individual by reason of mental or physical infirmity; (personne à charge)
- deposit accounting insurance policy
assurance à comptabilité de dépôt)
- deposit balance
s credit as or on account of amounts deposited with a corporation authorized to accept deposits or to carry on the business of offering to the public its services as a trustee. (solde de dépôt)
- designated asset
s oil sands project, means a property that is a building, a structure, machinery or equipment and is, or is an integral and substantial part of,(a)in the case of a bitumen development phase,(i)a crusher,(ii)a froth treatment plant,(iii)a primary separation unit,(iv)a steam generation plant,(v)a cogeneration plant, or(vi)a water treatment plant, or(b)in the case of an upgrading development phase,(i)a gasifier unit,(ii)a vacuum distillation unit,(iii)a hydrocracker unit,(iv)a hydrotreater unit,(v)a hydroprocessor unit, or(vi)a coker; (bien désigné)
- designated city
s, Halifax, Moncton, Quebec City, Montreal, Ottawa, Toronto, North Bay, Winnipeg, Saskatoon, Calgary, Edmonton and Vancouver. (ville désignée)
- designated country
- designated immediate expensing property
s filing-due date for the taxation year to which the designation relates. (bien relatif à la passation en charges immédiate désigné)
- designated overburden removal cost
enlèvement des terrains de couverture)
- designated person or partnership
s length with the taxpayer, or(ii)a partnership a member of which is, at that time, a designated person or partnership in respect of the taxpayer under this definition, and(c)if a foreign affiliate of the taxpayer is an original corporation that undergoes a division in respect of which subsection 15(1.5) of the Act applies, a new corporation in respect of the division; (personne ou société de personnes désignée)
- designated plan
- designated rate
- designated savings arrangement
s account under a money purchase provision of a registered pension plan; (mécanisme d’épargne désigné)
- designated security
- designated share
- designated shareholder
s length with the corporation where the total of all amounts, each of which is the cost amount of any share of the capital stock of the corporation, or of any other corporation that is related to it, that the person owns or is deemed to own for the purposes of the definition specified shareholder in subsection 248(1) of the Act, is less than $25,000,(b)is or is related to a member of a partnership that controls the corporation,(c)is or is related to a beneficiary under a trust that controls the corporation,(d)is or is related to an employee of the corporation or a corporation related thereto, where any group of employees of the
- designated underground storage cost
- development phase
s oil sands project means the acquisition, construction, fabrication or installation of a group of assets, by or on behalf of the taxpayer, that may reasonably be considered to constitute a discrete expansion in the capacity of the oil sands project when complete (including, for greater certainty, the initiation of a new oil sands project); (phase de mise en valeur)
- digester gas
- disabled
- disposition
- disposition of property
- distribution equipment
- district
- district energy equipment
- district energy system
- earnings
- eligible corporation
- eligible electrical generation equipment
électricité admissible)
- eligible greenhouse
s l
- eligible landfill site
enfouissement admissible)
- eligible liquefaction building
- eligible liquefaction equipment
- eligible liquefaction facility
- eligible mine development property
- eligible non-residential building
s building (other than a building that was used, or acquired for use, by any person or partnership before March 19, 2007) that is located in Canada, that is included in Class 1 in Schedule II and that is acquired by the taxpayer on or after March 19, 2007 to be used by the taxpayer, or a lessee of the taxpayer, for a non-residential use; (bâtiment non résidentiel admissible)
- eligible period of reduced pay
s rate of remuneration been commensurate with the employee’s rate of remuneration before the period; (période admissible de salaire réduit)
- eligible period of temporary absence
absence temporaire)
- eligible person or partnership
- eligible sewage treatment facility
- eligible survivor benefit period
s death, means the period beginning on the day of death of the individual and ending on the latest of(a)where the dependant is under 19 years of age throughout the calendar year that includes the day of death of the individual, the earlier of(i)December 31 of the calendar year in which the dependant attains 18 years of age, and(ii)the day of death of the dependant,(b)where the dependant is in full-time attendance at an educational institution on the later of the day of death of the individual and December 31 of the calendar year in which the dependant attains 18 years of age, the day on which the dependant ceases to be in full-time attendance at an educational institution, and(c)where the dependant is dependent on the individual at the time of the individual’s death by reason of mental or physical infirmity, the day on which the dependant ceases to be infirm or, if there is no such day, the day of death of the dependant; (période admissible de prestations au survivant)
- eligible transmission equipment
- eligible waste fuel
- eligible waste management facility
- employee
- employees’ charity trust
charity trust means a registered charity that is organized for the purpose of remitting, to other registered charities, donations that are collected from employees by an employer; (fuducie de bienfaisance d’employés)
- employer
- end of the taxation year
année d’imposition)
- endowment date
s date of issue and in accordance with accepted actuarial principles and practices, that reasonably approximates the mortality rates of those lives, and(ii)in any other case, the later of(A)the earlier of(I)15 years after the date of issue of the exemption test policy, and(II)the first policy anniversary that is on or after the day on which the individual whose life is insured under the coverage would, if the indivi
- enhanced combined cycle system
- enhanced recovery equipment
s length, or(e)that has been used by any person before April 11, 1978 in the production of oil, from a reservoir in Canada, that is incremental to oil that would be recovered using primary recovery techniques alone; (matériel amélioré de récupération)
- equity limit
s weighted Canadian liabilities as at the end of the yearis of(ii)the insurer’s weighted total liabilities as at the end of the year;(b)in respect of a non-resident insurer (other than a life insurer), 25% of the total of(i)the insurer’s mean Canadian reserve liabilities for the year, and(ii)the insurer’s property and casualty surplus for the year; and(c)in respect of a non-resident life insurer, the total of(i)either,(A)if the insurer makes an election referred to in subparagraph (b)(i) of the definition attributed surplus for the year, the greater of(I)that proportion of the total of all amounts each of which is the value for the year of an equity property of the insurer that1the insurer’s weighted Canadian liabilities as at the end of the yearis of2the insurer’s weighted total liabilities as at the end of year, and(II)8% of the insurer’s mean Canadian investment fund for the year, or(B)if the insurer does not make this election for the yea
- equity property
) at any time means property of the taxpayer that is(a)a share of the capital stock of, or an income bond or income debenture, issued by, another person (other than a corporation affiliated with the taxpayer) or partnership; or(b)that proportion of property that is shares of the capital stock of a corporation affiliated with the taxpayer or an interest in a partnership or trust that(i)the total value for the taxation year or fiscal period of the corporation, partnership or trust that includes that time of equity property of the corporation, partnership or trust, as the case may be,is of(ii)the total value for the year or period of all property of the corporation, partnership or trust, as the case may be. (avoir)
- equity share
- estimate of the expenses of survey
expertise)
- estimated deductions
- excluded arrangement
- excluded contribution
- excluded equipment
- excluded obligation
- excluded payment
s proportionate interest in a payment to be made under the obligation after that time differs from the taxpayer’s proportionate interest in any other payment to be made under the obligation after that time; (paiement exclu)
- excluded production
s application deadline,(ii)a certificate of completion has not been issued before the production’s certification deadline,(iii)if the production is not a treaty co-production, a person (other than the particular corporation or a prescribed person)(A)is a copyright owner of the production for any commercial exploitation purposes at any time during the 25-year period that begins at the earliest time after the production was completed that it is commercially exploitable, or(B)controls the initial licensing of commercial exploitation,(iv)there is not an agreement in writing, for consideration at fair market value, to have the production shown in Canada within the 2-year period that begins at the earliest time after the production was completed that it is commercially exploitable,(A)with a corporation that is a Canadian and is a distributor of film or video productions, or(B)with a corporation that holds a broadcasting licen
- exempt deficit
- exempt earnings
s hybrid surplus, or hybrid deficit, in respect of the particular corporation) exceed the total of(i)the amount of the taxable capital gains for the year referred to in the description of B in the definition foreign accrual property income in subsection 95(1) of the Act,(ii)the amount of the taxable capital gains for the year referred to in subparagraphs (c)(i), (e)(i) and (f)(iv) of the definition net earnings, and(iii)the portion of any income or profits tax paid to the government of a country for the year by the particular affiliate that can reasonably be regarded as tax in respect of the amount by which the capital gains of the particular affiliate for the year exceed the total of the amounts referred to in subparagraphs (i) and (ii),(a.1)the amount determined by the formulaA – Bwhere
- exempt loss
s hybrid surplus, or hybrid deficit, in respect of the particular corporation) exceed the total of(i)the amount of the allowable capital losses for the year referred to in the description of E in the definition foreign accrual property income in subsection 95(1) of the Act,(ii)the amount of the allowable capital losses for the year referred to in subparagraphs (c)(i), (e)(i) and (f)(iv) of the definition net loss, and(iii)the portion of any income or profits tax refunded by the government of a country for the year to the affiliate that can reasonably be regarded as tax refunded in respect of the amount by which the capital losses of the affiliate for the year exceed the total of the amounts referred to in subparagraphs (i) and (ii),(a.1)the total of all amounts each of which is the portion of an eligible capital expenditure of the af
- exempt partnership
- exempt surplus
) of a corporation in respect of the corporation, at any particular time, means the amount determined by the following formula in respect of the period that begins with the latest of the following times and that ends with the particular time:(a)the first day of the taxation year of the subject affiliate in which it last became a foreign affiliate of the corporation,(b)the last time for which the opening exempt surplus of the subject affiliate in respect of the corporation was required to be determined under section 5905, and(c)the last time for which the opening exempt deficit of the subject affiliate in respect of the corporation was required to be determined under section 5905A – BwhereAis the total of all amounts, in respect of the period, each of which is(i)the opening exempt surplus, if any, of the subject affiliate in respect of the corporation as determined under section 5905, at the time established in paragraph (b),(ii)the exempt earnings of the subject affiliate for any of its taxation years ending in the period,(iii)the portion of any dividend received in the period and befor
- exemptions
- existing guaranteed life insurance policy
assurance-vie garantie existante)
- existing plan
- exporting resource
exportation)
- exposure to a designated country
- extended motor vehicle warranty
- federal body
- financial institution
- first purchaser
- fisherman
- fixed payment obligation
- flat benefit provision
- food and animal waste
- food waste
- foreign insurance subsidiary
assurance étrangère)
- foreign non-profit organization
- foreign plan
- foreign policy loan
- forfeited amount
s death, or(b)to a spouse or common-law partner or former spouse or common-law partner of the member as a consequence of the breakdown of their marriage or common-law partnership; (montant perdu)
- fossil fuel
- fund value benefit
- fund value of a coverage
une protection)
- fund value of a policy
une police)
- future benefits to be provided
- future net premiums or cost of insurance charges
- future premiums or cost of insurance charges
assurance ou primes futurs)
- gain
- gas or oil well equipment
- gaseous biofuel
- general amending provision
- general corporate income tax rate
imposition du revenu des sociétés)
- general provisions
- general-purpose electronic data processing equipment
information)
- governing plan
encadrement)
- government-sponsored retirement arrangement
- grandfathered plan
- gross Canadian life investment income
s gross investment revenue for the year, to the extent that the revenue is from Canadian business property of the insurer for the year in respect of the insurer’s life insurance business,(ii)the amount included in computing the insurer’s income for the year under paragraph 138(9)(b) of the Act,(iii)the portion of the amount deducted under paragraph 20(1)(l) of the Act in computing the insurer’s income for its preceding taxation year that was in respect of Canadian business property of the insurer for that year in respect of the insurer’s life insurance business,(iv)the amount included under section 142.4 of the Act in computing the insurer’s income for the year in respect of property disposed of by the insurer that was, in the taxation year of disposition, Canadian business property of the insurer for that year in respect of the insurer’s life insurance business,(v)the insurer’s gain for the year from the disposition of a Canadian business property of the insurer for the year in respect of the insurer’s life insura
- gross cost
- group of insurance contracts
assurance)
- group of life insurance contracts
assurance-vie)
- group of life insurance contracts in Canada
assurance-vie au Canada)
- group of reinsurance contracts
- group of segregated fund policies
- group term life insurance policy
assurance temporaire sur la vie)
- guaranteed interest
s income for the year, if that amount were determined without reference to any policy loan or reinsurance arrangement, and(iv)the maximum amount that would have been deductible under subparagraph 138(3)(a)(i) of the Act pursuant to paragraph 1401(1)(a), (c) or (d), as the case may be, in respect of the benefit in computing
- HEPA filter
- HVAC system
- hybrid deficit
- hybrid surplus
) of a corporation in respect of the corporation, at any particular time, means the amount determined by the following formula in respect of the period that begins with the latest of the following times and that ends with the particular time:(a)the first day of the taxation year of the subject affiliate in which it last became a foreign affiliate of the corporation,(b)the last time for which the opening hybrid surplus of the subject affiliate in respect of the corporation was required to be determined under section 5905, and(c)the last time for which the opening hybrid deficit of the subject affiliate in respect of the corporation was required to be determined under section 5905A – BwhereAis the total of all amounts, in respect of the period, each of which is(i)the opening hybrid surplus, if any, of the subject affiliate in respect of the corporation as determined under section 5905, at the time established in paragraph (b),(ii)the amount of a capital gain (except to the extent that the taxable portion of the capital gain is included under the description of B in the definition foreign
- hybrid underlying tax
) of a corporation in respect of the corporation, at any particular time, means the amount determined by the following formula in respect of the period that begins with the later of the following times and that ends with the particular time:(a)the first day of the taxation year of the subject affiliate in which it last became a foreign affiliate of the corporation, and(b)the last time for which the opening hybrid underlying tax of the subject affiliate in respect of the corporation was required to be determined under section 5905A – BwhereAis the total of all amounts, in respect of the period, each of which is(i)the opening hybrid underlying tax, if any, of the subject affiliate in respect of the corporation as determined under section 5905, at the time established in paragraph (b),(ii)the portion of any income or profits tax paid to the government of a country by the subject affiliate that can reasonably be regarded as having been paid in respect of any amount referred to in subparagraph (ii) or (iv) of the description of A in the definition hybrid surplus,(iii)the total of all
- hybrid underlying tax applicable
s hybrid surplus in respect of the corporationis of(b)the affiliate’s hybrid surplus at that time in respect of the corporation; (montant intrinsèque d’impôt hybride applicable)
- immediate expensing property
- income
- indexed payment
- individual pension plan
- industrial mineral mine
- inflation adjustment period
s interest in the obligation in the same regular adjustment period of the obligation, the period that begins when the taxpayer acquires the interest in the obligation and ends when the taxpayer disposes of the interest, and(b)in any other case, each of the following consecutive periods:(i)the period that begins when the taxpayer acquires the taxpayer’s interest in the obligation and ends at the end of the regular adjustment period of the obligation in which the taxpayer acquires the interest in the obligation,(ii)each succeeding regular adjustment period of the obligation throughout which the taxpayer holds the interest in the obligation, and(iii)where the taxpayer does not dispose of the interest in the obligation at the end of a regular adjustment period of the obligation, the period that begins immediately after the last period referred to in subparagraphs (i) and (ii) and that ends when the taxpayer disposes of the interest in the obligation; (période de redressement pour inflation)
- initial transportation charges
s plant, and(b)in any other case, the place in Canada, if any, at which the automobile was received or stored by a wholesale distributor,to the dealer’s place of business; (frais de transport initiaux)
- insider of a corporation
, “public company” and “equity shares” were read as references to “insider of a corporation”, “corporation” and “shares” respectively, and includes a person who is an employee of the corporation, or of a person who does not deal at arm’s length with the corporation, and whose right to sell or transfer any share of the capital stock of the corporation, or to exercise the voting rights, if any, attaching to the share, is restricted by(a)the terms and conditions attaching to the share, or(b)any obligation of the person, under a contract, in equity or otherwise, to the corporation or to any person with whom the corporation does not deal at arm’s length. (dirigeant d’une société)
- inspector