Income Tax Regulations — 1104
ocessed to any stage that is prior to the prime metal stage or its equivalent; ( minerai ) preliminary work activity means activity that is preliminary to the acquisition, construction, fabrication or installation by or on behalf of a taxpayer of designated assets in respect of the taxpayer’s oil sands project including, without limiting the generality of the foregoing, the following activities: (a) obtaining permits or regulatory approvals, (b) performing design or engineering work, (c) conducting feasibility studies, (d) conducting environmental assessments, (e) clearing or excavating land, (f) building roads, and (g) entering into contracts; ( travaux préliminaires ) purpose-built residential rental means a building or a part of a building situated in Canada (a) that contains (i) four or more residential rental units at least four of which contain private kitchen facilities, a private bath and a private living area, or (ii) 10 or more residential rental units, and (b) in which all or substantially all the residential rental units are rented or offered for rent for continuous periods of not less than 28 consecutive days; ( ensemble résidentiel construit spécialement pour la location ) railway system includes a railway owned or operated by a common carrier, together with all buildings, rolling stock, equipment and other properties pertaining thereto, but does not include a tramway; ( réseau de chemin de fer ) residential rental unit means a housing unit used or intended for use as a rented residential premises that is not provided to the travelling or vacationing public; ( logement locatif ) specified development phase of a taxpayer’s oil sands project means a bitumen development phase or an upgrading development phase of the oil sands project which can reasonably be expected to result in a planned level of average daily output (where that output is bitumen or a similar product in the case of a bitumen development phase, or synthetic crude oil or a similar product in the case of an upgrading development phase), and in respect of which phase, (a) not including any preliminary work activity, one or more designated assets was, before March 19, 2007, (i) acquired by the taxpayer, or (ii) in the process of being constructed, fabricated or installed, by or on behalf of the taxpayer, and (b) the planned level of average daily output is the lesser of, (i) the level that was the demonstrated intention of the taxpayer as of March 19, 2007 to produce from the specified development phase, and (ii) the maximum level of output associated with the design capacity, as of March 19, 2007, of the designated asset referred to in paragraph (a); ( phase de mise en valeur déterminée ) specified oil sands property of a taxpayer means oil sands property, acquired by the taxpayer before 2012, the taxpayer’s use of which is reasonably required (a) for a specified development phase of an oil sands project of the taxpayer to reach completion; or (b) as part of a bitumen development phase of an oil sands project of the taxpayer, (i) to the extent that the output from the bitumen development phase is required for an upgrading development phase that is a specified development phase of the oil sands project to reach completion, and it is reasonable to conclude that all or substantially all of the output from the bitumen development phase will be so used; and (ii) where it was the demonstrated intention of the taxpayer as of March 19, 2007 to produce, from a mineral resource owned by the taxpayer, the bitumen feedstock required for the upgrading development phase to reach completion; ( bien de sables bitumineux déterminé ) specified temporary access road means (a) a temporary access road to an oil or gas well in Canada, and (b) a temporary access road the cost of which would, if the definition Canadian exploration expense in subsection 66.1(6) of the Act were read without reference to paragraphs (k.1) and (l) of that definition, be a Canadian exploration expe