Income Tax Act — I-3.3 127.46
Definitions 127.46 (1) The following definitions apply in this section. apprenticeship requirements means the requirements set out in subsection (5). ( exigences à l’égard d’apprentis ) benefits means vacation, pension, health and welfare benefits required to be provided by employers to or for employees under an eligible collective agreement. ( avantages sociaux ) covered worker means an individual (other than a trust) (a) who is engaged in the preparation or installation of specified property at a designated work site as an employee of an incentive claimant or of another person or partnership; (b) whose work or duties in respect of the designated work site are primarily manual or physical in nature; and (c) who is not (i) an administrative, clerical or executive employee, or (ii) a business visitor to Canada as described in section 187 of the Immigration and Refugee Protection Regulations . ( travailleur visé ) designated work site in a taxation year of an incentive claimant means a work site where specified property of an incentive claimant is located during the year and includes the site of a CCUS project (as defined in section 127.44) or of a clean hydrogen project (as defined in section 127.48) of the incentive claimant. ( chantier désigné ) eligible collective agreement means (a) in Quebec, (i) a collective agreement negotiated in accordance with applicable provincial law, or (ii) a prescribed agreement; and (b) in any other case, (i) the most recent multi-employer collective bargaining agreement negotiated with a trade union that is an affiliate of Canada’s Building Trades Unions for a given trade in a region or province, (ii) a project labour agreement established with a trade union in accordance with applicable provincial law that covers the work associated with the investments eligible for specified tax credits and that provides for wages and benefits for covered workers in a given trade that are at least equal to the regular wages (without taking into account overtime) and benefits provided for covered workers in an agreement described in subparagraph (i), or (iii) a prescribed agreement. ( convention collective admissible ) incentive claimant means a person that, or a partnership at least one member of which, plans to claim or has claimed a specified tax credit for a taxation year. ( demandeur d’incitatif ) installation taxation year , in respect of a specified tax credit, means a taxation year during which preparation or installation of specified property occurs. ( année d’imposition de l’installation ) prevailing wage requirements means the requirements set out in subsection (3). ( exigences relatives au salaire prévalant ) Red Seal trade means, for a province using the Red Seal Program for a particular trade, the relevant Red Seal trade managed by the Canadian Council of Directors of Apprenticeship and, in any other case, an equivalent provincially registered trade. ( métier désigné Sceau rouge ) Red Seal worker means a covered worker whose duties are, or are equivalent to, those duties normally performed by workers in a Red Seal trade. ( travailleur Sceau rouge ) reduced tax credit rate means the regular tax credit rate minus 10 percentage points. ( taux du crédit d’impôt réduit ) regular tax credit rate means the specified percentage (as defined in subsections 127.44(1), 127.45(1), 127.48(1) and 127.491(1), as the case may be). ( taux du crédit d’impôt régulier ) specified property means property all or a portion of the cost of which qualifies for a specified tax credit. ( bien déterminé ) specified tax credit means the CCUS tax credit under subsection 127.44(1), the clean technology investment tax credit under subsection 127.45(1), the clean hydrogen tax credit under subsection 127.48(1) and the clean electricity investment tax credit under subsection 127.491(1). ( crédit d’impôt déterminé ) Reduced or regular rate (2) Despite sections 127.44, 127.45, 127.48 and 127.491, the applicable rate for each specified