Income Tax Act — I-3.3 248
 d’un cimetière ) common-law partner , with respect to a taxpayer at any time, means a person who cohabits at that time in a conjugal relationship with the taxpayer and (a) has so cohabited throughout the 12-month period that ends at that time, or (b) would be the parent of a child of whom the taxpayer is a parent, if this Act were read without reference to paragraphs 252(1)(c) and (e) and subparagraph 252(2)(a)(iii), and, for the purpose of this definition, where at any time the taxpayer and the person cohabit in a conjugal relationship, they are, at any particular time after that time, deemed to be cohabiting in a conjugal relationship unless they were living separate and apart at the particular time for a period of at least 90 days that includes the particular time because of a breakdown of their conjugal relationship; ( conjoint de fait ) common-law partnership means the relationship between two persons who are common-law partners of each other; ( union de fait ) common share means a share the holder of which is not precluded on the reduction or redemption of the capital stock from participating in the assets of the corporation beyond the amount paid up on that share plus a fixed premium and a defined rate of dividend; ( action ordinaire ) controlled foreign affiliate has, except as expressly otherwise provided in this Act, the meaning assigned by subsection 95(1); ( société étrangère affiliée contrôlée ) corporation includes an incorporated company; ( société ) corporation incorporated in Canada includes a corporation incorporated in any part of Canada before or after it became part of Canada; ( société constituée au Canada ) cost amount to a taxpayer of any property at any time means, except as expressly otherwise provided in this Act, (a) where the property was depreciable property of the taxpayer of a prescribed class, the amount that would be that proportion of the undepreciated capital cost to the taxpayer of property of that class at that time that the capital cost to the taxpayer of the property is of the capital cost to the taxpayer of all property of that class that had not been disposed of by the taxpayer before that time if subsection 13(7) were read without reference to paragraph 13(7)(e) and if (i) paragraph 13(7)(b) were read as follows: “(b) where a taxpayer, having acquired property for some other purpose, has commenced at a later time to use it for the purpose of gaining or producing income, the taxpayer shall be deemed to have acquired it at that later time at a capital cost to the taxpayer equal to the fair market value of the property at that later time;”, and (ii) subparagraph 13(7)(d)(i) were read as follows: “(i) if the use regularly made by the taxpayer of the property for the purpose of gaining or producing income has increased, the taxpayer shall be deemed to have acquired at that time depreciable property of that class at a capital cost equal to the proportion of its fair market value at that time that the amount of the increase in the use regularly made by the taxpayer of the property for that purpose is of the whole of the use regularly made of the property, and” (b) where the property was capital property (other than depreciable property) of the taxpayer, its adjusted cost base to the taxpayer at that time, (c) where the property was property described in an inventory of the taxpayer, its value at that time as determined for the purpose of computing the taxpayer’s income, (c.1) where the taxpayer was a financial institution in its taxation year that includes that time and the property was a mark-to-market property for the year, the cost to the taxpayer of the property, (d) [Repealed, 2016, c. 12, s. 63] (d.1) where the property was a loan or lending asset (other than a net income stabilization account or a property in respect of which paragraph (b), (c), (c.1) or (d.2) applies), the amortized cost of the property to the taxpayer at that time, (d.2) where the taxpayer was a financial instituti