Income Tax Regulations

6802 For the purposes of paragraph (n) of the definition retirement compensation arrangement in subsection 248(1) of the Act, a prescribed plan or arrangement is

• (a) the plan instituted by the Canada Pension Plan;

• (b) a provincial pension plan as defined in section 3 of the Canada Pension Plan;

• (c) a plan instituted by the Unemployment Insurance Act;

• (d) a plan pursuant to an agreement in writing that is established for the purpose of deferring the salary or wages of a professional on-ice official for the official’s services as such with the National Hockey League if, in the case of an official resident in Canada, the trust or other person who has custody and control of any funds, investments or other property under the plan is resident in Canada;

• (e) an arrangement under which all contributions are made pursuant to a law of Canada or a province, where one of the main purposes of the law is to enforce minimum standards with respect to wages, vacation entitlement or severance pay;

• (f) an arrangement under which all contributions are made in connection with a dispute regarding the entitlement of one or more persons to benefits to be received or enjoyed by the person or persons;

• (g) a plan or arrangement instituted by the social security legislation of a country other than Canada or of a state, province or other political subdivision of such a country; or

• (h) a trust established

  • (i) to hold shares of Air Canada, pursuant to the June 2009 memorandum of understanding between Air Canada and certain trade unions who represent employees of Air Canada, if

    • (A) the shares are held by the trust for the benefit of the trade unions, and

    • (B) each of the trade unions may direct the trustee to contribute, from time to time, amounts received or receivable by the trust in respect of the shares, whether as dividends, proceeds of disposition or otherwise, to one or more registered pension plans under which Air Canada is a participating employer, or

  • (ii) in relation to the wind-up of a registered pension plan sponsored by Fraser Papers Inc., if

    • (A) shares are held by the trust for the benefit of the registered pension plan, and

    • (B) the trustee will contribute amounts received or receivable by the trust in respect of the shares, whether as dividends, proceeds of disposition or otherwise, to the registered pension plan, not later than December 31, 2018.