Excise Tax Act — E-15 172.1
pe de pension principal ) participating employer [Repealed, 2012, c. 31, s. 75] pension activity , in respect of a pension plan, means an activity (other than an excluded activity) that relates to (a) the establishment, management or administration of the pension plan or of a pension entity or master pension entity of the pension plan; or (b) the management or administration of assets in respect of the pension plan, including assets held by a pension entity or master pension entity of the pension plan. ( activité de pension ) pension entity [Repealed, 2012, c. 31, s. 75] pension plan [Repealed, 2012, c. 31, s. 75] provincial factor in respect of a pension plan and a participating province, for a fiscal year of a person that is a participating employer of the pension plan, means the amount (expressed as a percentage) determined by the formula A × B where A is the tax rate for the participating province on the last day of the fiscal year; and B is (a) if the person made contributions to the pension plan during the fiscal year that may be deducted by the person under paragraph 20(1)(q) of the Income Tax Act in computing its income (in this paragraph referred to as “pension contributions”) and the number of active members of the pension plan who were employees of the person on the particular day that is the last day of the last calendar year ending on or before the last day of the fiscal year is greater than zero, the amount determined by the formula [(C/D) + (E/F)]/2 where C is the total of all pension contributions made to the pension plan by the person during the fiscal year in respect of employees of the person who were resident in the participating province on the particular day, D is the total of all pension contributions made to the pension plan by the person during the fiscal year in respect of employees of the person, E is the number of active members of the pension plan who were, on the particular day, employees of the person and resident in the participating province, and F is the number of active members of the pension plan who were, on the particular day, employees of the person; (b) if paragraph (a) does not apply and the number of active members of the pension plan who were employees of the person on the particular day that is the last day of the last calendar year ending on or before the last day of the fiscal year is greater than zero, the amount determined by the formula G/H where G is the number of active members of the pension plan who were, on the particular day, employees of the person and resident in the participating province, and H is the number of active members of the pension plan who were, on the particular day, employees of the person; or (c) in any other case, zero. ( facteur provincial ) specified resource means property or a service that is acquired by a person for the purpose of making a supply of all or part of the property or service to a pension entity or a master pension entity of a pension plan of which the person is a participating employer. ( ressource déterminée ) specified supply of a participating employer of a pension plan to the pension plan means (a) a taxable supply deemed to have been made under subsection (5) or (5.1) of all or part of property or a service that the participating employer acquired for the purpose of making a supply of all or part of the property or service to a pension entity or master pension entity of the pension plan; (b) a taxable supply deemed to have been made under subsection (6) or (6.1) of an employer resource of the participating employer that the participating employer consumed or used for the purpose of making a supply of property or a service to a pension entity or master pension entity of the pension plan; or (c) a taxable supply deemed to have been made under subsection (7) or (7.1) of an employer resource of the participating employer that the participating employer consumed or used in the course of pension activities in respect of the pension plan.