Income Tax Regulations (C.R.C., c. 945)

Regulations are current to 2013-04-29 and last amended on 2013-02-14. Previous Versions

Certified Property

  • 4602. (1) For the purposes of the definition “certified property” in subsection 127(9) of the Act, each of the following areas is a prescribed area:

    • (a) that portion of the Province of Newfoundland comprising the census divisions 2 to 4 and 7 to 10;

    • (b) that portion of the Province of Prince Edward Island comprising the Kings census division;

    • (c) that portion of the Province of Nova Scotia comprising the census divisions of

      • (i) Cape Breton,

      • (ii) Guysborough,

      • (iii) Inverness,

      • (iv) Richmond, and

      • (v) Victoria;

    • (d) that portion of the Province of New Brunswick comprising the census divisions of

      • (i) Gloucester,

      • (ii) Kent,

      • (iii) Madawaska,

      • (iv) Northumberland, and

      • (v) Restigouche;

    • (e) that portion of the Province of Quebec comprising

      • (i) all of the area north of the 50th parallel of latitude, other than the area within the limits of the city of Sept-Iles,

      • (ii) the Magdalen Islands, and

      • (iii) the census divisions of

        • (A) Bonaventure,

        • (B) Gaspé-Est,

        • (C) Gaspé-Ouest,

        • (D) Matane,

        • (E) Matapédia,

        • (F) Rimouski, other than the area within the limits of the city of Rimouski,

        • (G) Rivière-du-Loup, and

        • (H) Témiscouata;

    • (f) that portion of the Province of Ontario that is north of the 50th parallel of latitude;

    • (g) that portion of the Province of Manitoba comprising the census divisions 19 and 21 to 23, other than the area within the limits of the city of Thompson;

    • (h) that portion of the Province of Saskatchewan comprising the census division of Northern Saskatchewan;

    • (i) that portion of the Province of Alberta comprising the census division of Peace River, other than the area within the limits of the city of Grande Prairie;

    • (j) that portion of the Province of British Columbia comprising the Peace River-Liard census division; and

    • (k) all of the Yukon Territory and the Northwest Territories.

  • (2) For the purposes of subsection (1), the expression “census divisions” has the same meaning as in the Dictionary of 1971 Census Terms, Statistics Canada Catalogue Number 12-540, and the Census Divisions and Subdivisions, Statistics Canada Catalogues Numbered 92-704, 92-705, 92-706 and 92-707.

  • NOTE: Application provisions are not included in the consolidated text;
  • see relevant amending regulations. SOR/81-880, s. 1;
  • SOR/86-1092, s. 11(F);
  • SOR/88-165, s. 21.

Qualified Construction Equipment

4603. For the purposes of the definition “qualified construction equipment” in subsection 127(9) of the Act, “prescribed equipment” means depreciable property of a taxpayer, other than qualified property as defined by subsection 127(9) of the Act or qualified transportation equipment as defined by subsection 127(9) of the Act, that is

  • (a) a property included in Class 22 or 38 in Schedule II;

  • (b) a crane;

  • (c) a pile driver; or

  • (d) a dredge.

  • NOTE: Application provisions are not included in the consolidated text;
  • see relevant amending regulations. SOR/85-696, s. 13;
  • SOR/88-165, s. 22;
  • SOR/90-22, s. 8.