Income Tax Act — I-3.3 (a)
Canadian newspaper means a newspaper the exclusive right to produce and publish issues of which is held by one or more of the following: (a) a Canadian citizen, (b) a partnership (i) in which interests representing in value at least 3/4 of the total value of the partnership property are beneficially owned by, and (ii) at least 3/4 of each income or loss of which from any source is included in the determination of the income of, corporations described in paragraph (e) or Canadian citizens or any combination thereof, (c) an association or society of which at least 3/4 of the members are Canadian citizens, (d) Her Majesty in right of Canada or a province, or a municipality in Canada, or (e) a corporation (i) that is incorporated under the laws of Canada or a province, (ii) of which the chairperson or other presiding officer and at least 3/4 of the directors or other similar officers are Canadian citizens, and (iii) that, if it is a corporation having share capital, is (A) a public corporation a class or classes of shares of the capital stock of which are listed on a designated stock exchange in Canada, other than a corporation controlled by citizens or subjects of a country other than Canada, or (B) a corporation of which at least 3/4 of the shares having full voting rights under all circumstances, and shares having a fair market value in total of at least 3/4 of the fair market value of all of the issued shares of the corporation, are beneficially owned by Canadian citizens or by public corporations a class or classes of shares of the capital stock of which are listed on a designated stock exchange in Canada, other than a public corporation controlled by citizens or subjects of a country other than Canada, and, for the purposes of clause (B), where shares of a class of the capital stock of a corporation are owned, or deemed by this definition to be owned, at any time by another corporation (in this definition referred to as the “holding corporation”), other than a public corporation a class or classes of shares of the capital stock of which are listed on a designated stock exchange in Canada, each shareholder of the holding corporation shall be deemed to own at that time that proportion of the number of such shares of that class that (C) the fair market value of the shares of the capital stock of the holding corporation owned at that time by the shareholder is of (D) the fair market value of all the issued shares of the capital stock of the holding corporation outstanding at that time, and where at any time shares of a class of the capital stock of a corporation are owned, or are deemed by this definition to be owned, by a partnership, each member of the partnership shall be deemed to own at that time the least proportion of the number of such shares of that class that (E) the member’s share of the income or loss of the partnership from any source for its fiscal period that includes that time is of (F) the income or loss of the partnership from that source for its fiscal period that includes that time, and for this purpose, where the income and loss of a partnership from any source for a fiscal period are nil, the partnership shall be deemed to have had income from that source for that period in the amount of $1,000,000; ( journal canadien )