Income Tax Regulations — 4900
e Statutes of Saskatchewan, 1990, The Rural Development Bonds Act , chapter 47 of the Statutes of Manitoba, 1991-92, the Community Economic Development Act, 1993 , chapter 26 of the Statutes of Ontario, 1993, or the New Brunswick Community Development Bond Program through which financial assistance is provided under the Economic Development Act , chapter E-1.11 of the Acts of New Brunswick, 1975, and (ii) the payment of the principal amount of which is guaranteed by Her Majesty in right of a province; (i.11) a share of the capital stock of a Canadian corporation that is registered under section 11 of the Equity Tax Credit Act , chapter 3 of the Statutes of Nova Scotia, 1993, the registration of which has not been revoked under that Act; (i.12) a share of the capital stock of a Canadian corporation that is registered under section 39 of the Risk Capital Investment Tax Credits Act , chapter 22 of the Statutes of the Northwest Territories, 1998, the registration of which has not been revoked under that Act; (i.13) a share of the capital stock of a Canadian corporation that is registered under section 2 of the Community Development Equity Tax Credit Act , chapter C-13.01 of the Revised Statutes of Prince Edward Island, 1988, the registration of which has not been revoked under that Act; (i.14) a share of the capital stock of a Canadian corporation that is registered under section 29 or 34 of the Investing in a Diversified Alberta Economy Act , S.A. 2016, c. I-10.5, the registration of which has not been revoked under that Act; (i.2) indebtedness of a Canadian corporation (other than a corporation that is a connected person under the governing plan of the plan trust) represented by a bankers’ acceptance; (i.3) [Repealed, 2009, c. 2, s. 105] (j) a debt obligation of a debtor, or an interest, or for civil law a right, in that debt obligation, where (i) the debt obligation is fully secured by a mortgage, charge, hypothec or similar instrument in respect of real or immovable property situated in Canada, or would be fully secured were it not for a decline in the fair market value of the property after the debt obligation was issued, and (ii) the debtor (and any partnership that does not deal at arm’s length with the debtor) is not a connected person under the governing plan of the plan trust; (j.1) a debt obligation secured by a mortgage, charge, hypothec or similar instrument in respect of real or immovable property situated in Canada, or an interest, or for civil law a right, in that debt obligation, where the debt obligation is (i) administered by an approved lender under the National Housing Act , and (ii) insured (A) under the National Housing Act , or (B) by a corporation that offers its services to the public in Canada as an insurer of mortgages or hypothecary claims and that is approved as a private insurer of mortgages or hypothecary claims by the Superintendent of Financial Institutions under subsection 6(1) of the Office of the Superintendent of Financial Institutions Act ; (j.2) a certificate evidencing an undivided interest, or for civil law an undivided right, in one or more properties, where (i) all or substantially all of the fair market value of the certificate is attributable to property that is, or is incidental to, a debt obligation secured by (A) a mortgage, charge, hypothec or similar instrument in respect of real or immovable property situated in Canada, or (B) property described in paragraph (a) or (b) of the definition qualified investment in section 204 of the Act that was substituted for the security referred to in clause (A) under the terms of the debt obligation, (ii) the certificate has, at the time of acquisition by the plan trust, an investment grade rating with a credit rating agency referred to in subsection (2), and (iii) the certificate is issued as part of an issue of certificates by the issuer for a total amount of at least $25 million; (k) and (l) [Repealed, 2009, c. 2, s. 105] (m) to (n.1) [Repeal