GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Automobile Operating Expense Benefit (GST/HST) Regulations — 26
26 Section 7 applies to amounts that are required to be included in computing an individual’s income for the purposes of the Income Tax Act for the 2016 and subsequent taxation years except that, (a) in respect of the 2016 taxation year, the reference in paragraph 2(b) of the Automobile Operating Expense Benefit (GST/HST) Regulations to “11%” is to be read as a reference to “10%” if the individual is (i) an employee of the registrant and the last establishment of the registrant at which the individual ordinarily worked, or to which the individual ordinarily reported, in the year in relation to that office or employment is in New Brunswick or Newfoundland and Labrador, or (ii) a shareholder of the registrant and is resident in New Brunswick or Newfoundland and Labrador at the end of the year; and (b) if the individual is an employee of the registrant and the last establishment of the registrant at which the individual ordinarily worked, or to which the individual ordinarily reported, in the year in relation to that office or employment is located in Prince Edward Island or if the individual is a shareholder of the registrant and is resident in Prince Edward Island at the end of the year (i) in respect of the 2016 taxation year, the reference in paragraph 2(b) of the Automobile Operating Expense Benefit (GST/HST) Regulations to “11%” is to be read as a reference (A) to “10.25%” if the registrant is not a large business (as defined in subsection 236.01(1) of the Excise Tax Act ) on December 31, 2016, and (B) to “6.63%” if the registrant is a large business (as defined in subsection 236.01(1) of the Excise Tax Act ) on December 31, 2016, (ii) in respect of the 2017 taxation year, the reference in paragraph 2(b) of those Regulations to “11%” is to be read as a reference to “7%” if the registrant is a large business (as defined in subsection 236.01(1) of the Excise Tax Act ) on December 31, 2017, (iii) in respect of the 2018 taxation year, the reference in paragraph 2(b) of those Regulations to “11%” is to be read as a reference to “7.8%” if the registrant is a large business (as defined in subsection 236.01(1) of the Excise Tax Act ) on December 31, 2018, (iv) in respect of the 2019 taxation year, the reference in paragraph 2(b) of those Regulations to “11%” is to be read as a reference to “8.6%” if the registrant is a large business (as defined in subsection 236.01(1) of the Excise Tax Act ) on December 31, 2019, (v) in respect of the 2020 taxation year, the reference in paragraph 2(b) of those Regulations to “11%” is to be read as a reference to “9.4%” if the registrant is a large business (as defined in subsection 236.01(1) of the Excise Tax Act ) on December 31, 2020, and (vi) in respect of the 2021 taxation year, the reference in paragraph 2(b) of those Regulations to “11%” is to be read as a reference to “10.2%” if the registrant is a large business (as defined in subsection 236.01(1) of the Excise Tax Act ) on December 31, 2021.
Automobile Operating Expense Benefit (GST/HST) Regulations — 19
19 Section 7 applies to amounts that are required to be included in computing an individual’s income for the purposes of the Income Tax Act for the 2025 and subsequent taxation years except that, in respect of the 2025 taxation year, the reference in paragraph 2(a.1) of the Automobile Operating Expense Benefit (GST/HST) Regulations to “10%” is to be read as a reference to “10.25%”.
Insurance Companies Assessed Expenses Recovery Regulations — a
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 692 a and paragraph 703(a) of the Insurance Companies Act b , hereby makes the annexed Insurance Companies Assessed Expenses Recovery Regulations . a S.C. 1997, c. 15, s. 328 b S.C. 1991, c. 47
Insurance Companies Assessed Expenses Recovery Regulations — 1
1 In the French version of these Regulations, société has the meaning assigned to it by section 663 of the Insurance Companies Act .
Insurance Companies Assessed Expenses Recovery Regulations — 2
2 Money in an amount equal to or less than $1,000,000 that is paid to or recovered by Her Majesty in any period beginning on April 1 in any year and ending on March 31 in the next year under section 691 of the Insurance Companies Act or paragraph 161(1)(d) or (6)(c) or subparagraph 161(8)(b)(iv) of the Winding-up and Restructuring Act in respect of a company, society, foreign company or provincial company shall be applied on a pro rata basis to reduce the assessments under section 23 of the Office of the Superintendent of Financial Institutions Act against companies, societies, foreign companies and provincial companies that have been assessed under subsection 687(1) of the Insurance Companies Act in respect of that company, society, foreign company or provincial company.
Insurance Companies Assessed Expenses Recovery Regulations — 3
3 (1) Subject to subsections (2) and (3), money in an amount greater than $1,000,000 that is paid to or recovered by Her Majesty in any period beginning on April 1 in any year and ending on March 31 in the next year under section 691 of the Insurance Companies Act or paragraph 161(1)(d) or (6)(c) or subparagraph 161(8)(b)(iv) of the Winding-up and Restructuring Act in respect of a company, society, foreign company or provincial company shall be paid on a pro rata basis to the companies, societies, foreign companies and provincial companies that have been assessed under subsection 687(1) of the Insurance Companies Act in respect of that company, society, foreign company or provincial company. (2) Expenses incurred to find a company, society, foreign company or provincial company in respect of which a payment is to be made, or to find its successors or beneficiaries, shall be deducted from the amount payable to that company, society, foreign company or provincial company. (3) No payment shall be made if the amount of the payment would be less than $10.
Insurance Companies Assessed Expenses Recovery Regulations — 4
4 If a company, society, foreign company or provincial company in respect of which a payment is to be made, or its successors or beneficiaries, cannot be found after reasonable attempts have been made to do so, the amount of the payment determined under section 3 shall be applied on a pro rata basis to reduce the assessments under section 23 of the Office of the Superintendent of Financial Institutions Act against companies, societies, foreign companies and provincial companies.
Insurance Companies Assessed Expenses Recovery Regulations — 5
5 These Regulations come into force on the day on which they are registered.
Canada Pension Plan Investment Board Regulations — a
Whereas, pursuant to subsection 53(2) of the Canada Pension Plan Investment Board Act a , the annexed regulations entitled Canada Pension Plan Investment Board Regulations have no force or effect until the appropriate provincial Minister of each of at least two thirds of the participating provinces having in total not less than two thirds of the population of all of the participating provinces has approved the Regulations; a S.C. 1997, c. 40
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
And whereas the appropriate provincial Ministers of at least two thirds of the participating provinces having in total not less than two thirds of the population of all of the participating provinces have approved the annexed Regulations;
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
Therefore, His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 53 of the Canada Pension Plan Investment Board Act a , hereby makes the annexed Canada Pension Plan Investment Board Regulations .
Canada Pension Plan Investment Board Regulations — 1
graphs (a) to (c), or (e) an entity in which a person referred to in paragraph (a), (b) or (c) has a substantial investment, It does not include Her Majesty in right of Canada or of a province, or an agency of either one, or a bank, trust company or other financial institution that holds the assets of the Board. ( apparenté ) security means (a) in respect of a corporation, a share of any class of shares of the corporation or a debt obligation of the corporation, and includes a warrant of the corporation, but does not include a deposit with a financial institution or an instrument evidencing such a deposit; and (b) in respect of any other entity, any ownership interest in, or debt obligation of, the entity. ( titre ou valeur mobilière ) transaction includes (a) a contract; (b) a guarantee; (c) an investment; (d) the taking of an assignment of, or otherwise acquiring, a loan made by a third party; (e) the taking of a security interest in securities; and (f) any modification, renewal or extension of a prior transaction. ( transaction ) underlying asset means a financial instrument, security, commodity, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement or benchmark or any other financial reference, interest or variable. ( actif sous-jacent ) voting share means a share of any class of shares of a corporation that carries voting rights under all circumstances, by reason of an event that has occurred and is continuing or by reason of a condition that has been fulfilled. ( action avec droit de vote ) SOR/2010-284, ss. 1, 3(F)
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
Act means the Canada Pension Plan Investment Board Act . ( Loi )
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
Canadian corporation means a body corporate incorporated or formed by or under an Act of Parliament or the legislature of a province. ( société canadienne )
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
Canadian resource property has the same meaning as in paragraph (c) of the definition Canadian resource property in subsection 66(15) of the Income Tax Act . ( avoir minier canadien )
Canada Pension Plan Investment Board Regulations — (a)
child , in respect of a person, means (a) a natural or adopted child of the person or the child’s spouse; or (b) a natural or adopted child of the person’s spouse or the child’s spouse. ( enfant )
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
debt obligation means a bond, debenture, note or other evidence of indebtedness of an entity. ( titre de créance )
Canada Pension Plan Investment Board Regulations — (a)
derivative means a financial instrument or agreement whose value is derived from or is based on an underlying asset or the relationship between two underlying assets, other than (a) a convertible security; (b) an asset-backed security; (c) a security of a mutual fund; (d) an index participation unit; (e) a security of a non-redeemable fund; (f) a government or corporate strip bond; or (g) a listed dividend share of a subdivided equity or fixed income security. ( instrument dérivé )
Canada Pension Plan Investment Board Regulations — (a)
financial institution means (a) a bank; (b) a body corporate to which the Trust and Loan Companies Act applies; (c) a cooperative credit society to which the Cooperative Credit Associations Act applies; (d) an insurance company to which the Insurance Companies Act applies; (e) a trust, loan or insurance corporation incorporated by or under an Act of the legislature of a province; (f) a cooperative credit society incorporated and regulated by or under an Act of the legislature of a province; (g) an entity that is incorporated or formed by or under an Act of Parliament or of the legislature of a province and that is primarily engaged in dealing in securities, including portfolio management and investment counselling; or (h) a foreign institution. ( institution financière )
Canada Pension Plan Investment Board Regulations — (a)
foreign institution means an entity that is (a) engaged in the business of banking, the trust, loan or insurance business, the business of a cooperative credit society or the business of dealing in securities or is engaged primarily in the business of providing financial services; and (b) incorporated or formed otherwise than by or under an Act of Parliament or of the legislature of a province. ( institution étrangère )
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
loan includes a deposit, financial lease, conditional sales contract, repurchase agreement and any other similar arrangement for obtaining money or credit, but does not include investments in securities or the making of an acceptance, endorsement or other guarantee. ( prêt )
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
market terms and conditions , in respect of a transaction, means terms and conditions, including those relating to price, rent or interest rate, that would apply to a similar transaction in an open market under conditions requisite to a fair transaction between parties who are at arm’s length and acting prudently, knowledgeably and willingly. ( conditions du marché )
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
public exchange means a market for the trading of securities that is recognized by an appropriate governmental authority. ( bourse )
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
real property includes a leasehold interest in real property. ( biens immeubles )
Canada Pension Plan Investment Board Regulations — (a)
related party means a person who is (a) a director, officer or employee of the Board, (b) a person responsible for holding or investing the assets of the Board, or any officer, director or employee of the person, (c) the spouse or a child of any person referred to in paragraph (a) or (b), (d) a corporation that is directly or indirectly controlled by a person referred to in any of paragraphs (a) to (c), or (e) an entity in which a person referred to in paragraph (a), (b) or (c) has a substantial investment, It does not include Her Majesty in right of Canada or of a province, or an agency of either one, or a bank, trust company or other financial institution that holds the assets of the Board. ( apparenté )
Canada Pension Plan Investment Board Regulations — (a)
security means (a) in respect of a corporation, a share of any class of shares of the corporation or a debt obligation of the corporation, and includes a warrant of the corporation, but does not include a deposit with a financial institution or an instrument evidencing such a deposit; and (b) in respect of any other entity, any ownership interest in, or debt obligation of, the entity. ( titre ou valeur mobilière )
Canada Pension Plan Investment Board Regulations — (a)
transaction includes (a) a contract; (b) a guarantee; (c) an investment; (d) the taking of an assignment of, or otherwise acquiring, a loan made by a third party; (e) the taking of a security interest in securities; and (f) any modification, renewal or extension of a prior transaction. ( transaction )
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
underlying asset means a financial instrument, security, commodity, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement or benchmark or any other financial reference, interest or variable. ( actif sous-jacent )
Canada Pension Plan Investment Board Regulations — Canada Pension Plan Investment Board Regulations
voting share means a share of any class of shares of a corporation that carries voting rights under all circumstances, by reason of an event that has occurred and is continuing or by reason of a condition that has been fulfilled. ( action avec droit de vote )
Canada Pension Plan Investment Board Regulations — 2
2 (1) For the purposes of these Regulations, (a) a person controls a corporation if securities of the corporation to which are attached more than 50 per cent of the votes that may be cast to elect the directors of the corporation are beneficially owned by the person and the votes attached to those securities are sufficient, if exercised, to elect a majority of the directors of the corporation; (b) a person controls an unincorporated entity, other than a limited partnership, if more than 50 per cent of the ownership interests into which the unincorporated entity is divided are beneficially owned by the person and the person is able to direct the business and affairs of the unincorporated entity; (c) the general partner of a limited partnership controls the limited partnership; and (d) a trustee of a trust controls the trust. (2) For the purposes of these Regulations, a person who controls an entity is deemed to control any other entity that is controlled by the entity.
Canada Pension Plan Investment Board Regulations — 4
4 For the purposes of these Regulations, an entity is affiliated with another entity if the entity is controlled by the other entity or if both entities are controlled by the same person.
Canada Pension Plan Investment Board Regulations — 5
5 For the purposes of these Regulations, a person has a substantial investment in (a) an unincorporated entity if the person or an entity controlled by the person beneficially owns more than 25 per cent of the ownership interests in the unincorporated entity; and (b) a corporation if (i) the voting rights attached to voting shares of the corporation that are beneficially owned by the person, or by an entity controlled by the person, exceed 10 per cent of the voting rights attached to all of the outstanding voting shares of the corporation, or (ii) shares of the corporation that are beneficially owned by the person, or by an entity controlled by the person, represent ownership of more than 25 per cent of the shareholders’ equity of the corporation.
Canada Pension Plan Investment Board Regulations — 6
6 For the purposes of these Regulations, a person is associated with (a) a corporation that the person controls and every affiliate of every such corporation; (b) a person who controls the person; (c) a partner who has a substantial investment in a partnership in which the person has a substantial investment; (d) a trust or estate in which the person has a substantial investment or for which the person serves as trustee or in a similar capacity to a trustee; (e) the spouse of the person; and (f) a brother, sister or child or other descendant of the person, or the spouse of any of them.
Canada Pension Plan Investment Board Regulations — 7
7 In selecting investments, the Board shall evaluate them having regard to the overall rate of return and risk of loss of the entire portfolio of investments held by the Board.
Canada Pension Plan Investment Board Regulations — 8
8 (1) A written statement of the investment policies, standards and procedures in respect of the Board’s portfolio of investments, established under section 35 of the Act, shall include (a) categories of investments; (b) the use of options, futures and other derivatives; (c) diversification of the investment portfolio; (d) asset mix and rate of return expectations; (e) policies for the management of credit, market and other financial risks; (f) liquidity of investments; (g) the lending of cash or securities; (h) the retention or delegation of voting rights acquired through investments; (i) the method of, and basis for, the valuation of investments that are not regularly traded at a public exchange; and (j) related-party transactions permitted under section 17 and the criteria used to establish whether a transaction is nominal. (k) [Repealed, SOR/2001-522, s. 1] (2) The statement of investment policies, standards and procedures referred to in subsection (1) shall include a description of all factors that may affect the funding of the Canada Pension Plan and the ability of the Canada Pension Plan to meet its financial obligations and the relationship of those factors to those policies, standards and procedures. (3) The board of directors shall review and confirm or amend the statement at least once each financial year. SOR/2001-522, s. 1; SOR/2010-284, s. 3(F)
Canada Pension Plan Investment Board Regulations — 11
11 (1) The Board shall not directly or indirectly invest more than 10 per cent of the total book value of the Board’s assets in the securities of (a) any one person; (b) two or more associated persons; or (c) two or more affiliated corporations. (2) Subsection (1) does not apply in respect of investments in (a) a subsidiary of the Board; (b) securities issued or fully guaranteed by the Government of Canada, the government of a province, or an agency of either of them; (c) a fund composed of mortgage-backed securities that are fully guaranteed by the Government of Canada, the government of a province, or an agency of either of them; (d) a fund that replicates the composition of a widely recognized index of a broad class of securities traded on a public exchange; or (e) a segregated fund or mutual or pooled fund that complies with the requirements applicable to a plan under the Pension Benefits Standards Regulations, 1985 .
Canada Pension Plan Investment Board Regulations — 13
13 (1) The Board shall not directly or indirectly invest in the securities of a corporation to which are attached more than 30 per cent of the votes that may be cast to elect the directors of the corporation. (2) Subsection (1) does not apply in respect of investments in securities issued by a subsidiary of the Board.
Canada Pension Plan Investment Board Regulations — 15
15 For the purposes of sections 16 and 17 (a) if a transaction is entered into by, or on behalf of, the Board with a person who the Board, or any person acting on the Board’s behalf, knows will become a related party to the Board, the person shall be considered to be a related party of the Board in respect of the transaction; and (b) the fulfilment of an obligation under the terms of any transaction, including the payment of interest on a loan or deposit, is part of the transaction and not a separate transaction. SOR/2010-284, s. 3(F)
Canada Pension Plan Investment Board Regulations — 16
16 (1) Subject to sections 17 and 18, the Board shall not directly or indirectly enter into a transaction with a related party. (2) Subject to sections 17 and 18, within the 12-month period after the day on which a person ceases to be a related party, the Board shall not directly or indirectly enter into a transaction with that person. SOR/2010-284, s. 3(F)
Canada Pension Plan Investment Board Regulations — 17
17 (1) The Board may enter into a transaction with a related party if (a) the transaction is required for the operation or administration of the Board; and (b) the terms and conditions of the transaction are not less favourable to the Board than market terms and conditions. (2) The Board may invest the moneys of the Board in the securities of a related party if those securities are acquired at a public exchange. (3) The Board may enter into a transaction with a related party if the value of the transaction is nominal. (4) For the purposes of subsection (3), in assessing whether the value of a transaction is nominal, two or more transactions with the same related party shall be considered as a single transaction. SOR/2010-284, s. 3(F)
Canada Pension Plan Investment Board Regulations — 18
18 Sections 11 to 16 do not apply in respect of (a) investments in a corporation that are held as a result of an arrangement, within the meaning of subsection 192(1) of the Canada Business Corporations Act , for the reorganization or liquidation of the corporation or for the amalgamation of the corporation with another corporation, if the investments are to be exchanged for shares or debt obligations; or (b) assets that are acquired through the realization of a security interest held by the Board and that are held for a period not exceeding two years after the day on which the assets were acquired. SOR/2001-522, s. 3