Income Tax Act — I-3.3 146
by the Governor in Council for the purposes of this section that is licensed or otherwise authorized under the laws of Canada or a province to issue investment contracts providing for the payment to or to the credit of the holder thereof of a fixed or determinable amount at maturity, of any periodic or other amount as a contribution under such a contract between the individual and that corporation, or (iii) as a deposit with a branch or office, in Canada, of (A) a person who is, or is eligible to become, a member of the Canadian Payments Association, or (B) a credit union that is a shareholder or member of a body corporate referred to as a “central” for the purposes of the Canadian Payments Act , (in this section referred to as a “depositary”) to be used, invested or otherwise applied by that corporation or that depositary, as the case may be, for the purpose of providing for the individual, commencing at maturity, a retirement income; ( régime d’épargne-retraite ) spousal or common-law partner plan , in relation to a taxpayer, means (a) a registered retirement savings plan (i) to which the taxpayer has, at a time when the taxpayer’s spouse or common-law partner was the annuitant under the plan, paid a premium, or (ii) that has received a payment out of or a transfer from a registered retirement savings plan or a registered retirement income fund that was a spousal or common-law partner plan in relation to the taxpayer, or (b) a registered retirement income fund that has received a payment out of or a transfer from a spousal or common-law partner plan in relation to the taxpayer; ( régime au profit de l’époux ou du conjoint de fait ) spousal plan [Repealed, 2001, c. 17, s. 246] tax-paid amount paid to a person in respect of a registered retirement saving plan means (a) an amount paid to the person in respect of the amount that would, if this Act were read without reference to subsection 104(6), be income of a trust governed by the plan for a taxation year for which the trust was subject to tax because of paragraph 146(4)(c), or (b) where (i) the plan is a deposit with a depositary referred to in clause (b)(iii)(B) of the definition retirement savings plan in this subsection, and (ii) an amount is received at any time out of or under the plan by the person, the portion of the amount that can reasonably be considered to relate to interest or another amount in respect of the deposit that was required to be included in computing the income of any person (other than the annuitant) otherwise than because of this section; ( montant libéré d’impôt ) unused RRSP deduction room of a taxpayer at the end of a taxation year means, (a) for taxation years ending before 1991, nil, and (b) for taxation years that end after 1990, the amount, which can be positive or negative, determined by the formula A + B + R - (C + D) where A is the taxpayer’s unused RRSP deduction room at the end of the preceding taxation year, B is the amount, if any, by which (i) the lesser of the RRSP dollar limit for the year and 18% of the taxpayer’s earned income for the preceding taxation year exceeds the total of all amounts each of which is (ii) the taxpayer’s pension adjustment for the preceding taxation year in respect of an employer, or (iii) a prescribed amount in respect of the taxpayer for the year, C is the taxpayer’s net past service pension adjustment for the year, D is the total of all amounts each of which is (i) an amount deducted by the taxpayer under any of subsections (5) to (5.2), in computing the taxpayer’s income for the year, (ii) an amount deducted by the taxpayer under paragraph 10 of Article XVIII of the Canada-United States Tax Convention signed at Washington on September 26, 1980 or a similar provision in another tax treaty, in computing the taxpayer’s taxable income for the year, (iii) a contribution made by an employer in the year to a pooled registered pension plan in respect of the taxpayer, or (iv) the amount, if any, by which the taxpa