TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

A foreign trust is an entity organized outside Canada which is set up to hold and administer funds or property on behalf of beneficiaries. For example, a Canadian taxpayer may transfer funds or property to a foreign trust for the benefit of his children living abroad. However, such arrangements can also be set up for the purpose of reducing income from property for Canadian tax purposes. The Income Tax Act contains provisions designed to prevent the avoidance of tax in such cases.  2, record 1, English, - foreign%20trust

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Entité constituée à l'étranger afin de détenir et d'administrer des fonds ou d'autres biens pour le compte de bénéficiaires. Par exemple, un contribuable canadien peut transférer des fonds ou d'autres biens à une fiducie étrangère au profit de ses enfants qui vivent à l'étranger. Cependant, ces fiducies peuvent également être établies afin de réduire le revenu tiré de biens aux yeux du fisc canadien. La Loi de l'impôt sur le revenu comporte des dispositions qui visent à prévenir l'évitement de l'impôt dans ce cas.  2, record 1, French, - fiducie%20%C3%A9trang%C3%A8re

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 OBS

hold in trust for Her Majesty : Unemployment Insurance Act, 1985(with amendments to March 1, 1991).  2, record 2, English, - hold%20in%20trust%20for%20Her%20Majesty

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 OBS

Lexique de l'assurance-chômage, Emploi et Immigration Canada, 1992.  2, record 2, French, - d%C3%A9tenir%20en%20fiducie%20pour%20Sa%20Majest%C3%A9

Record number: 2, Textual support number: 2 OBS

détenir en fiducie pour Sa Majesté : Loi sur l'assurance-chômage, 1985 (avec modifications jusqu'au 1er mars 1991).  2, record 2, French, - d%C3%A9tenir%20en%20fiducie%20pour%20Sa%20Majest%C3%A9

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 DEF

A trustee whose sole function is to hold the title to the trust property.  3, record 3, English, - bare%20trustee

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 OBS

nu-fiduciaire; nue-fiduciaire : termes normalisés par le Comité de normalisation, Promotion de l'accès à la justice dans les deux langues officielles (PAJLO).  2, record 3, French, - nu%2Dfiduciaire

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

By a codicil to her will she devised and bequeathed certain real and personal property to her trustees upon trust for conversion and to divide the net proceeds into two equal parts and directed them to hold one of such equal parts...  1, record 4, English, - trust%20for%20conversion

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 DEF

Fiducie en vertu de laquelle le fiduciaire est chargé de convertir en un autre bien celui qui lui est remis en fiducie.  1, record 4, French, - fiducie%20obligeant%20la%20conversion%20de%20biens

Record number: 4, Textual support number: 1 OBS

L'obligation de convertir peut être explicitement imposée par l'acte constituant la fiducie ou implicitement imposée lorsque le bien remis en fiducie n'est pas de nature à convenir à l'exécution de la fiducie.  1, record 4, French, - fiducie%20obligeant%20la%20conversion%20de%20biens

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 OBS

The essential difference between legal and equitable rights is best understood by comparing absolute ownership with trusts....(A) t this point it is only necessary to appreciate that trusts were unenforceable at common law. If land was conveyed to A in fee simple upon trust for B in fee simple, the common law courts regarded A as absolute owner and would not recognise any rights in B. But the Chancellor would enforce trusts, as matters of conscience, and compel A to hold the land on B's behalf and to allow B to enjoy it. In such a case A is the "legal owner", B is the "equitable owner". The land is vested in A, but since he is trustee of it he is not the beneficial owner : he has only the "bare legal estate", and the beneficial interest belongs to B. Now legal ownership confers rights "in rem", rights of property in the land itself, which can be enforced against anyone. Equitable ownership conferred at first only a right "in personam", a right to compel the trustee personally to perform his trust.(Megarry & Wade, 4th ed., 1975, p. 113).  1, record 5, English, - legal%20ownership

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 OBS

propriété en common law : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 5, French, - propri%C3%A9t%C3%A9%20en%20common%20law

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 CONT

Although in the case of personalty... there may be either a legal joint tenancy or a legal tenancy in common, a trust may, of course, be created(even orally) by the donor of personalty to one or more persons for concurrent interests.... In such cases, where the trustees hold as legal joint tenants in trust for persons entitled in common in equity, the "jus accrescendi" will, of course, operate with respect to the legal interest upon the death of one of the trustees.(Crossley Vaines, 5th ed., 1973, p. 57).  1, record 6, English, - joint%20tenancy%20at%20law

Record 6,  Textual support,  French

Record number: 6, Textual support number: 1 OBS

tenance conjointe en common law : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langue officielles (PAJLO).  2, record 6, French, - tenance%20conjointe%20en%20common%20law

Record 6,  Textual support,  Spanish

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 CONT

There were three special cases, in all of which persons who were joint tenants at law were compelled by equity to hold the legal estate upon trust for themselves as equitable tenants in common.  2, record 7, English, - equitable%20tenant%20in%20common

Record 7,  Textual support,  French

Record number: 7, Textual support number: 1 OBS

tenant : Acception générique de même type que celle de tenancy. Le français «tenant», générique, qui désigne en définitive le titulaire de certains droits sur un bien, est remplacé dans certains composés par «titulaire».  2, record 7, French, - tenant%20commun%20en%20equity

Record number: 7, Textual support number: 2 OBS

tenant commun en equity : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  3, record 7, French, - tenant%20commun%20en%20equity

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 CONT

Entails could exist in freehold land either as legal estates or equitably under a trust, according to whether the grant was direct or whether the legal estate was first put in trustees to hold for an equitable entailed interest in the beneficiaries.(Crossley Vaines, 5th ed., 1973, p. 33).  1, record 8, English, - equitable%20entailed%20interest

Record 8,  Textual support,  French

Record number: 8, Textual support number: 1 OBS

intérêt taillé en equity : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 8, French, - int%C3%A9r%C3%AAt%20taill%C3%A9%20en%20equity

Record 8,  Textual support,  Spanish

Record 9,  Textual support,  English

Record number: 9, Textual support number: 1 DEF

The interests in property which were created and enforced by the Court of Chancery, where it would have been against conscience to permit the legal owner of property to keep the benefit of property for himself; "e. g. "a trustee had the legal estate in the trust property, but he was compelled to hold the property on behalf of the beneficiaries whose interests were merely equitable.(Osborn's, 6th ed., 1976, p. 134).  1, record 9, English, - equitable%20interest

Record 9,  Textual support,  French

Record number: 9, Textual support number: 1 OBS

intérêt en equity : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).  2, record 9, French, - int%C3%A9r%C3%AAt%20en%20equity

Record 9,  Textual support,  Spanish

Record 10,  Textual support,  English

Record 10,  Textual support,  French

Record number: 10, Textual support number: 1 OBS

Source : Projet de Loi C-90 adopté par la Chambre des communes le 26 juin 1986. Loi de 1985 sur les normes de prestation de pension a. 8(1).  2, record 10, French, - d%C3%A9tenir%20en%20fiducie

Record 10,  Textual support,  Spanish

Record 11,  Textual support,  English

Record number: 11, Textual support number: 1 CONT

Unlike the pension plan trust fund, however, OECP [Ontario Expert Commission on Pensions] Submission October 2007 the Pension Security Trust would hold plan sponsor contributions only and would be “owned” by the plan sponsor.  1, record 11, English, - sponsor%20contribution

Record 11,  Textual support,  French

Record number: 11, Textual support number: 1 CONT

Cependant, contrairement au fonds fiduciaire, seules les cotisations des promoteurs seraient détenues dans le fonds de sécurité de retraite, lequel «appartiendrait» au promoteur.  1, record 11, French, - cotisation%20de%20promoteurs

Record 11,  Textual support,  Spanish

Record 12,  Textual support,  English

Record number: 12, Textual support number: 1 CONT

Asset-backed commercial paper("ABCP") is a secured short-term debt obligation issued by a limited purpose trust(also referred to as a "conduit") to fund purchases of assets that back-up the ABCP and generate cash flow. Traditionally, those underlying assets were principally made-up of mortgages and various types of consumer loans and receivables, but many of the trusts currently hold a significant portion of their assets in the form of credit default swaps, collateralized debt obligations and other leveraged derivatives instruments.  3, record 12, English, - asset%2Dbacked%20commercial%20paper

Record number: 12, Textual support number: 2 CONT

... ABCP is a package of debt obligations -- anything from car loans to credit-card debt. The product grew in popularity in recent years among everyone from pension funds to corporate treasury departments to banks because ABCP offered higher returns than, for example, a corporate bond or treasury bill.  4, record 12, English, - asset%2Dbacked%20commercial%20paper

Record 12,  Textual support,  French

Record number: 12, Textual support number: 1 DEF

[... ] titre de dette à court terme (60 à 90 jours) qui provient de l'achat des actifs de différents prêteurs, comme des cartes de crédit, des prêts-auto et des prêts hypothécaires qui ont été regroupés dans une fiducie.  5, record 12, French, - papier%20commercial%20adoss%C3%A9%20%C3%A0%20des%20actifs

Record number: 12, Textual support number: 1 CONT

Le papier commercial adossé à des créances, (PCAC), également appelé papier commercial adossé à des actifs (PCAA) [...] est un «titre de dette à court terme» (60 à 90 jours), généré lors de l'achat d'actifs de différents prêteurs, comme des cartes de crédit, des prêts-auto et des prêts hypothécaires regroupés au sein d une fiducie.  6, record 12, French, - papier%20commercial%20adoss%C3%A9%20%C3%A0%20des%20actifs

Record number: 12, Textual support number: 1 OBS

L'expression «papier commercial adossé à des créances» a été relevé comme équivalent français de «asset-backed commercial paper» dans les sources consultées. Toutefois, selon un spécialiste directrice du domaine, cette expression est plus spécifique car le terme «actifs» désigne également des actions et pas seulement les prêts, les cartes de crédit, etc.  7, record 12, French, - papier%20commercial%20adoss%C3%A9%20%C3%A0%20des%20actifs

Record 12,  Textual support,  Spanish

Record 13,  Textual support,  English

Record number: 13, Textual support number: 1 CONT

[A person is] a member of, or investor in, a flow-through entity [if this person owns] shares or units of, or an interest in, one of the following : an investment corporation; a mortgage investment corporation; a mutual fund corporation; a mutual fund trust; a related segregated fund trust; a partnership; a trust governed by an employees’ profit-sharing plan; a trust maintained primarily for the benefit of employees of a corporation or two or more corporations that do not deal at arm's length with each other, where one of the main purposes of the trust is to hold interests in shares of the capital stock of the corporation or corporations, as the case may be, or any corporation not dealing at arm's length therewith; a trust established for the benefit of creditors in order to secure certain debt obligations; or a trust established to hold shares of the capital stock of a corporation in order to exercise the voting rights attached to such shares.  2, record 13, English, - flow%2Dthrough%20entity

Record number: 13, Textual support number: 1 OBS

Income Tax Act, subsection 39.1(1).  3, record 13, English, - flow%2Dthrough%20entity

Record 13,  Textual support,  French

Record number: 13, Textual support number: 1 CONT

[Une personne est]membre ou investisseur d'une entité intermédiaire si [elle détient] des actions, ou des unités ou une participation dans l'une des entités suivantes : une société de placement; une société de placement hypothécaire; une société de placement à capital variable; une fiducie de fonds commun de placement; une fiducie connexe créée à l'égard du fonds réservé; une société de personne; une fiducie régie par un régime de participation des employés aux bénéfices; une fiducie administrée principalement au profit des employés d'une société ou de plusieurs sociétés qui ont entre elles un lien de dépendance, dans le cas où l'un des principaux objets de la fiducie consiste à détenir des droits sur des actions du capital-actions de la ou des sociétés ou d'une société liée à celle-ci; une fiducie mise sur pied pour le compte des créanciers afin de garantir certaines créances; une fiducie mise sur pied pour détenir des actions du capital-actions d'une société dans le but d'exercer le droit de vote que confèrent ces actions.  2, record 13, French, - entit%C3%A9%20interm%C3%A9diaire

Record number: 13, Textual support number: 1 OBS

Loi de l'impôt sur le revenu, article 39.1(1).  3, record 13, French, - entit%C3%A9%20interm%C3%A9diaire

Record 13,  Textual support,  Spanish

Record 14,  Textual support,  English

Record number: 14, Textual support number: 1 CONT

A trustee must also be alert to changes in the fortunes of the companies represented in the portfolio of the trust estate. It is not expected that he will sell hastily at a sacrifice, since a power to postpone and retain will generally entitle him to hold for an advantageous sale, but such a power has never had the effect of converting non-trustee securities into trustee securities.  1, record 14, English, - power%20to%20postpone%20and%20retain

Record 14,  Textual support,  French

Record number: 14, Textual support number: 1 CONT

Un fiduciaire doit aussi se montrer attentif aux fortunes changeantes des compagnies représentées dans le portefeuille de la succession qui lui a été confiée. On n'attend pas de lui qu'il vende hâtivement à perte, puisqu'il sera généralement investi d'un pouvoir de différer et de conserver qui lui permettra d'attendre une vente avantageuse; mais un tel pouvoir n'a jamais eu pour effet de convertir des valeurs non fiduciaires en valeurs fiduciaires.  1, record 14, French, - pouvoir%20de%20diff%C3%A9rer%20et%20de%20conserver

Record 14,  Textual support,  Spanish

Record 15,  Textual support,  English

Record number: 15, Textual support number: 1 OBS

Founded in 1971 and opened in 1974, the National Postal Museum joined the Canadian Museum of Civilization in 1988. In 1996, the name changed to Canadian Postal Museum(CPM). The Canadian Postal Museum operates a complete museum programme and acts as a repository to hold objects in trust for the Canadian public. Its mission is to preserve and interpret the material heritage of postal communication within the context of global and societal communications, especially, but not exclusively, in Canada.  1, record 15, English, - Canadian%20Postal%20Museum

Record 15,  Textual support,  French

Record number: 15, Textual support number: 1 OBS

Le Musée national de la poste a été fondé en 1971 et a ouvert ses portes en 1974. Il se joint au Musée canadien des civilisations en 1988. En 1996, il change son nom à Musée canadien de la poste (MCP). Son mandat est d'offrir un programme muséologique complet et sert de dépositaire d'un bien national conservé en fiducie au nom du public canadien. Sa mission est de préserver et d'interpréter, dans le contexte global des communications sociales, le patrimoine matériel des communications postales ayant trait plus particulièrement, mais non exclusivement, au Canada.  1, record 15, French, - Mus%C3%A9e%20canadien%20de%20la%20poste

Record 15,  Textual support,  Spanish

Record 16,  Textual support,  English

Record number: 16, Textual support number: 1 CONT

The duty of confidentiality... Physicians are legally(and ethically) bound to hold any and all information obtained from a patient confidential. This duty ensures that the patient's legal rights(including reputation and social status) are protected. Confidentiality is, of course, also recognized as essential for physician-patient respect and trust. Exceptions arise when the patient waives the right to confidentiality or when provided for in law.  4, record 16, English, - duty%20of%20confidentiality

Record 16,  Textual support,  French

Record number: 16, Textual support number: 1 CONT

L'obligation de confidentialité. Comme tous les autres professionnels, le médecin a envers ses patients une obligation de confidentialité. Cette obligation couvre tant les informations divulguées par le patient dans le cadre de la relation professionnelle que tous les faits que le médecin constate par lui-même en raison de sa science et de son expérience.  4, record 16, French, - obligation%20de%20confidentialit%C3%A9

Record 16,  Textual support,  Spanish

Record 17,  Textual support,  English

Record number: 17, Textual support number: 1 CONT

A trust for sale is a trust which directs the trustees to sell the trust property, invest the proceeds, and hold the resulting fund upon the trusts declared by the settler.  1, record 17, English, - trust%20for%20sale

Record 17,  Textual support,  French

Record number: 17, Textual support number: 1 OBS

Le ou les administrateurs nommés par la Haute-Cour de Justice doivent, avant tout, réaliser l'actif immobilier et mobilier [...], la masse successorale forme un trust dont l'objet est la vente des biens qui la composent («Trust for sale»).  3, record 17, French, - fiducie%20%C3%A0%20fins%20de%20vente

Record number: 17, Textual support number: 2 OBS

Cette institution de «trust» [...] n'a pas d'équivalent exact dans nos droits continentaux et reste intraduisible dans notre langue juridique [...]. Il serait d'ailleurs préférable d'employer le vieux mot de «fiducie» qu'a d'ailleurs adopté la Province de Québec (Canada) pour incorporer sous ce nom le «trust» anglo-américain dans son code civil d'inspiration française.  4, record 17, French, - fiducie%20%C3%A0%20fins%20de%20vente

Record number: 17, Textual support number: 3 OBS

fiducie à fins de sûreté, fiducie à fins de libéralité, fiducie à fins de gestion  5, record 17, French, - fiducie%20%C3%A0%20fins%20de%20vente

Record 17,  Textual support,  Spanish

Record 18,  Textual support,  English

Record number: 18, Textual support number: 1 DEF

An account established in a financial institution for the deposit of money paid to the credit of the Receiver General and not being public money.  2, record 18, English, - revenue%20trust%20account

Record number: 18, Textual support number: 1 CONT

When departments receive non-public funds that they are required to hold in trust, such as personal money taken for safekeeping from persons admitted to hospital, these funds may be deposited to revenue trust accounts.... Revenue trust accounts are bank accounts established at the request of departments, for purposes individually approved by Treasury Board.  3, record 18, English, - revenue%20trust%20account

Record 18,  Textual support,  French

Record number: 18, Textual support number: 1 DEF

Compte ouvert dans une institution financière aux fins du dépôt des sommes versées au crédit du receveur général et qui ne constituent pas des fonds publics.  2, record 18, French, - compte%20de%20recettes%20en%20fiducie

Record number: 18, Textual support number: 1 CONT

Lorsque les ministères reçoivent des fonds non publics qu'ils sont tenus de garder en fiducie (comme l'argent personnel de malades hospitalisés), ces sommes peuvent être déposées aux comptes de recettes en fiducie. [...] Les comptes de recettes en fiducie sont des comptes établis à la demande des ministères, dont l'objet est approuvé dans chaque cas par le Conseil du Trésor.  3, record 18, French, - compte%20de%20recettes%20en%20fiducie

Record 18,  Textual support,  Spanish

Record 19,  Textual support,  English

Record number: 19, Textual support number: 1 OBS

I direct my executors and trustees to hold in trust the residue of my estate for my son..., with representation in favour of...  1, record 19, English, - with%20representation

Record 19,  Textual support,  French

Record 19,  Textual support,  Spanish

Record 20,  Textual support,  English

Record number: 20, Textual support number: 1 CONT

There must be certainty as to the objects of a trust--i. e. as to the persons whom the settlor intends to benefit and the extent of the benefit. The court cannot enforce a trust where it is not clear whom the settlor intends as the beneficiaries and accordingly such a trust will fail, although if that is the only defect the trustee will hold the trust property upon a resulting trust.  1, record 20, English, - object%20of%20a%20trust

Record 20,  Textual support,  French

Record 20,  Textual support,  Spanish

Record 21,  Textual support,  English

Record number: 21, Textual support number: 1 CONT

Duration of trust : The term of any trust is to be for as long as the employee who establishes the trust continues to hold an office that makes that method of divestment appropriate. A trust may be dismantled once the trust assets have been depleted.  1, record 21, English, - duration%20of%20trust

Record 21,  Textual support,  French

Record number: 21, Textual support number: 1 CONT

Durée de la fiducie : La fiducie continue d'exister tant que l'employé qui l'a établie occupe un poste auquel ce genre de dessaisissement convient. La fiducie peut être dissoute dès qu'elle ne contient plus de biens.  1, record 21, French, - dur%C3%A9e%20de%20la%20fiducie

Record number: 21, Textual support number: 1 OBS

Terme tiré du Manuel du Conseil du Trésor/Ressources humaines.  2, record 21, French, - dur%C3%A9e%20de%20la%20fiducie

Record 21,  Textual support,  Spanish