Excise Tax Act — E-15 172.1
Definitions 172.1 (1) The following definitions apply in this section and in section 172.2. active member has the meaning assigned by subsection 8500(1) of the Income Tax Regulations . ( participant actif ) defined benefits pension plan means the part of a pension plan that is in respect of benefits under the plan that are determined in accordance with a formula set forth in the plan and under which the employer contributions are not determined in accordance with a formula set forth in the plan. ( régime de pension à prestations déterminées ) defined contribution pension plan means the part of a pension plan that is not a defined benefits pension plan. ( régime de pension à cotisations déterminées ) employer resource of a person means (a) all or part of a labour activity of the person, other than the part of the labour activity consumed or used by the person in the process of creating, developing or bringing into existence property; (b) all or part of property or a service supplied to the person, other than the part of the property or service consumed or used by the person in the process of creating, developing or bringing into existence property; (c) all or part of property created, developed or brought into existence by the person; or (d) any combination of the items referred to in paragraphs (a) to (c). ( ressource d’employeur ) excluded activity , in respect of a pension plan, means an activity undertaken exclusively (a) for compliance by a participating employer of the pension plan as an issuer, or prospective issuer, of securities with reporting requirements under a law of Canada or of a province in respect of the regulation of securities; (b) for evaluating the feasibility or financial impact on a participating employer of the pension plan of establishing, altering or winding-up the pension plan, other than an activity that relates to the preparation of an actuarial report in respect of the plan required under a law of Canada or of a province; (c) for evaluating the financial impact of the pension plan on the assets and liabilities of a participating employer of the pension plan; (d) for negotiating changes to the benefits under the pension plan with a union or similar organization of employees; (e) if the pension plan is a pooled registered pension plan, for compliance by a participating employer of the pension plan as a PRPP administrator of the pension plan with requirements under the Pooled Registered Pension Plans Act or a similar law of a province, provided the activity is undertaken exclusively for the purpose of making a taxable supply of a service to a pension entity of the pension plan that is to be made (i) for consideration that is not less than the fair market value of the service, and (ii) at a time when no election under subsection 157(2) made jointly by the participating employer and the pension entity is in effect; or (f) in relation to a part of the pension plan that is a defined contribution pension plan or that is a defined benefits pension plan, if no pension entity of the pension plan administers that part of the pension plan or holds assets in respect of that part of the pension plan; or (g) for prescribed purposes. ( activité exclue ) labour activity of a person means anything done by an individual who is or agrees to become an employee of the person in the course of, or in relation to, the office or employment of that individual. ( activité de main-d’oeuvre ) master pension group in respect of a particular person and another person means the group of one or more pension plans that consists of every pension plan that meets the following conditions: (a) the particular person is a participating employer of the pension plan; and (b) the other person is a master pension entity of the pension plan. ( groupe de pension principal ) participating employer [Repealed, 2012, c. 31, s. 75] pension activity , in respect of a pension plan, means an activity (other than an excluded activity) that relates to (a)