TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

Subsection 94. 1(1) of the [Income Tax] Act requires a notional amount to be included in income if a taxpayer holds an interest in an offshore investment fund property(OIFP). An OIFP is a share of the capital stock of, an interest in, or a debt of, a non-resident entity(other than a CFA [controlled foreign affiliate] of the taxpayer) or an interest in or a right or option to acquire such a share, interest, or debt if two conditions are satisfied.  3, record 1, English, - offshore%20investment%20fund%20property

Record 1,  Textual support,  French

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

[The] debt service ratio is the ratio of amortization and interest payments to the value of exports of goods and services and factor income from abroad.  4, record 2, English, - debt%20service%20ratio

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 CONT

Le ratio d'endettement [...] est le rapport entre les versements à faire pour amortissement et intérêts, d'une part, et d'autre part la valeur des exportations des biens et services [...]  2, record 2, French, - ratio%20du%20service%20de%20la%20dette

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

Financial security refers to a state of being where an individual or family has the financial means to meet their basic needs, achieve their goals, and withstand unexpected financial setbacks without compromising their standard of living. It encompasses various elements, including income stability, emergency fund availability, debt management, and long-term financial planning.  2, record 3, English, - financial%20security

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 CONT

D'un point de vue économique, la résilience des actifs (tout ce qu'un individu possède) permet à la classe moyenne d'éviter la pauvreté [...] Cette sécurité financière se manifeste par la possession d'une épargne suffisante pour maintenir son bien-être pendant trois mois.  2, record 3, French, - s%C3%A9curit%C3%A9%20financi%C3%A8re

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

The Income Tax Act contains a number of rules that address various planning techniques employed by taxpayers in an attempt to circumvent the tax debt avoidance rule, as well as a penalty for those who engage in, participate in, assent to, or acquiesce in planning activity that they know, or would reasonably be expected to know, is tax debt avoidance planning.  2, record 4, English, - tax%20debt%20avoidance%20planning

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 CONT

La Loi de l'impôt sur le revenu comprend un certain nombre de règles relatives à diverses techniques de planification utilisées par les contribuables pour tenter de contourner la règle sur l'évitement de dettes fiscales, ainsi qu'une pénalité pour ceux qui se livrent à une activité de planification, y participent, y consentent ou y acquiescent, lorsqu'ils savent ou devraient vraisemblablement savoir qu'il s’agit d'une planification visant l'évitement de dettes fiscales.  2, record 4, French, - planification%20visant%20l%27%C3%A9vitement%20de%20dettes%20fiscales

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 CONT

The Income Tax Act has an anti-avoidance rule(the "tax debt avoidance rule") that is intended to prevent taxpayers from avoiding their tax liabilities by transferring their assets to non-arm's-length persons for insufficient consideration.  1, record 5, English, - tax%20debt%20avoidance%20rule

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 CONT

La Loi de l'impôt sur le revenu contient une règle anti-évitement (la «règle sur l'évitement de dettes fiscales») qui vise à empêcher les contribuables de se soustraire à leurs obligations fiscales en transférant leurs actifs à des personnes avec qui ils ont un lien de dépendance pour une contrepartie insuffisante.  1, record 5, French, - r%C3%A8gle%20sur%20l%27%C3%A9vitement%20de%20dettes%20fiscales

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 DEF

A priority right allowing its holder (the creditor) to demand payment from a debtor before any other creditor, when the debtor is in default of payment.  3, record 6, English, - senior%20debt

Record number: 6, Textual support number: 1 CONT

Because [public income notes] are unsubordinated(also called senior debt), they have precedence over other loans or securities in the event that the issuing company should default. This means that an investor holding [public income notes] faces less default risk than with subordinated debt... because holders of unsubordinated debt are at the front of the line to be repaid.  2, record 6, English, - senior%20debt

Record 6,  Textual support,  French

Record number: 6, Textual support number: 1 DEF

Droit prioritaire permettant à son titulaire (le créancier) d'exiger d'un débiteur de le payer avant tout autre créancier, lorsque le débiteur se trouve en défaut de paiement.  3, record 6, French, - cr%C3%A9ance%20prioritaire

Record 6,  Textual support,  Spanish

Record number: 6, Textual support number: 1 DEF

Deuda que tiene mayor prelación en caso de liquidación de una sociedad que otras.  1, record 6, Spanish, - deuda%20preferente

Record number: 6, Textual support number: 1 OBS

deuda preferente: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  3, record 6, Spanish, - deuda%20preferente

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 CONT

To help you determine how much life insurance is appropriate for you and your family, we’ve developed an easy-to-use life insurance calculator. By providing some basic information on your family's resources, debt and expenses, current life insurance coverage and future income needs, the calculator will give you an estimate of the amount of needed life insurance coverage.  1, record 7, English, - insurance%20calculator

Record 7,  Textual support,  French

Record number: 7, Textual support number: 1 CONT

Servez-vous du calculateur d'assurance-vie pour vous aider à déterminer la protection dont vous avez besoin.  3, record 7, French, - calculateur%20d%27assurance

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 CONT

Budget 2007 delivers on Advantage Canada's commitment to dedicate all interest savings from federal debt reduction each year to ongoing personal income tax reductions. This is the Government's tax back guarantee. It will ensure that Canadians benefit directly from federal debt reduction.  1, record 8, English, - tax%20back%20guarantee

Record 8,  Textual support,  French

Record number: 8, Textual support number: 1 CONT

Le budget de 2007 donne suite à l'engagement d'Avantage Canada d'affecter toutes les économies en frais d'intérêt découlant de la diminution de la dette fédérale à des réductions permanentes de l'impôt sur le revenu des particuliers. Il s'agit de l'allégement fiscal garanti. Celui-ci fera en sorte que les Canadiens profiteront directement de la réduction de la dette fédérale.  1, record 8, French, - all%C3%A9gement%20fiscal%20garanti

Record 8,  Textual support,  Spanish

Record 9,  Textual support,  English

Record number: 9, Textual support number: 1 DEF

Security representing money borrowed that must be repaid, eg. bond, bill, note.  2, record 9, English, - debt%20security

Record number: 9, Textual support number: 1 CONT

Debt security means a right to be paid money and income includes a deposit of money, but does not include a lease, licence or similar arrangement for the use of, or the right to use, property other than a financial instrument.  3, record 9, English, - debt%20security

Record number: 9, Textual support number: 2 CONT

The maximum amount insurable at the time of issuance of a policy in respect of the three political risks is up to 300 per cent of the dollar amount of the original investment for equity securities, and up to 200 per cent of the dollar amount of the original investment for debt securities.  4, record 9, English, - debt%20security

Record 9,  Textual support,  French

Record number: 9, Textual support number: 1 DEF

Pour le créancier, titre (billet, obligation, etc.) attestant l'existence d'une créance.  2, record 9, French, - titre%20de%20cr%C3%A9ance

Record number: 9, Textual support number: 1 CONT

Titre de créance s'entend du droit de se faire payer de l'argent et comprend un dépot d'argent. La définition exclut le bail, la licence ou l'accord semblable visant l'utilisation ou le droit d'utilisation de biens autres que des effets financiers.  3, record 9, French, - titre%20de%20cr%C3%A9ance

Record number: 9, Textual support number: 2 CONT

La protection maximum que l'on peut obtenir pour chacun des trois risques politiques au moment de la signature du contrat d'assurance est fixée à 300 pour cent de l'investissement initial calculé en dollars pour les titres de participation, et à 200 pour cent de l'investissement initial calculé en dollars pour les titres de créance.  4, record 9, French, - titre%20de%20cr%C3%A9ance

Record 9,  Textual support,  Spanish

Record 10,  Textual support,  English

Record number: 10, Textual support number: 1 DEF

The amount deducted from income equal to the amount by which a bank adjusts its loan balances to reflect anticipated losses on them.  2, record 10, English, - provision%20for%20credit%20losses

Record number: 10, Textual support number: 1 CONT

When a bank has a bad debt or anticipates that a loan might become a bad debt in the future, it can write up the loss as a current expense in its income statement under the "provision for credit losses" heading.  3, record 10, English, - provision%20for%20credit%20losses

Record 10,  Textual support,  French

Record number: 10, Textual support number: 1 DEF

Montant déduit du produit d'exploitation et qui correspond au montant fixé par la banque pour rajuster les soldes de ses prêts, pour refléter les pertes prévues sur ces prêts.  2, record 10, French, - provision%20pour%20pertes%20sur%20cr%C3%A9ances

Record number: 10, Textual support number: 1 CONT

Les provisions pour pertes sur créances reflètent la meilleure estimation de la direction quant à l'existence, en date du bilan, de pertes probables de crédit liées aux instruments financiers figurant ou non au bilan consolidé, notamment les prêts, les dépôts auprès d'autres banques [...]  3, record 10, French, - provision%20pour%20pertes%20sur%20cr%C3%A9ances

Record 10,  Textual support,  Spanish

Record 11,  Textual support,  English

Record number: 11, Textual support number: 1 CONT

Fixed income funds invest in debt securities like bonds, debentures and mortgages that pay regular interest, or in corporate preferred shares that pay regular dividends. The goal, typically, is to provide investors a regular income stream with low risk. Fund values will go up and down to some extent, particularly in response to changes in prevailing interest rates.  2, record 11, English, - fixed%20income%20fund

Record 11,  Textual support,  French

Record number: 11, Textual support number: 1 CONT

Fonds [à revenu fixe] investissent notamment dans des titres d'emprunt comme les obligations, les débentures et les créances hypothécaires qui procurent un intérêt régulier, ou dans des actions privilégiées d'entreprises qui procurent un dividende régulier. En général, ces fonds visent à procurer aux épargnants une rentrée régulière de revenu moyennant un risque faible. Leur valeur fluctuera dans une certaine mesure, surtout en réaction à l'évolution des taux d'intérêt en vigueur.  3, record 11, French, - fonds%20%C3%A0%20revenu%20fixe

Record 11,  Textual support,  Spanish

Record 12,  Textual support,  English

Record number: 12, Textual support number: 1 CONT

A debt issue is a cheaper method of financing for a corporation than preferred and dividend-paying common share issues, because under Canadian tax law, debt interest is paid out of corporate income before tax(i. e.-it is tax deductible) whereas preferred and common dividends are paid out of corporate income after tax(i. e.-not tax deductible).  2, record 12, English, - corporate%20income

Record 12,  Textual support,  French

Record number: 12, Textual support number: 1 CONT

Il en coûte moins cher à une société d'émettre des titres d'emprunt que des actions privilégiées et des actions ordinaires qui rapportent des dividendes, parce que, en vertu de la Loi de l'impôt sur le revenu canadienne, l'intérêt sur les titres d'emprunt est versé avant l'impôt sur le revenu de la société (c.-à-d. qu'il est déductible d'impôt) alors que les dividendes privilégiés et ordinaires sont versés après l'impôt (c.-à-d. qu'ils ne sont pas déductibles d'impôt).  3, record 12, French, - revenu%20de%20soci%C3%A9t%C3%A9

Record 12,  Textual support,  Spanish

Record 13,  Textual support,  English

Record number: 13, Textual support number: 1 DEF

The gross income from all sources less all operating and administrative expenses, excluding depreciation, interest, other non-cash charges and other charges on debt, and taxes.  3, record 13, English, - internally%20generated%20funds

Record 13,  Textual support,  French

Record 13,  Textual support,  Spanish

Record 14,  Textual support,  English

Record number: 14, Textual support number: 1 DEF

Ratio of net income after taxes plus interest on long-term debt plus depreciation to debt service.  3, record 14, English, - debt%20service%20coverage

Record 14,  Textual support,  French

Record 14,  Textual support,  Spanish

Record 15,  Textual support,  French

Record 15,  Textual support,  Spanish

Record 16,  Textual support,  French

Record 16,  Textual support,  Spanish

Record 17,  Textual support,  English

Record number: 17, Textual support number: 1 DEF

Securities that are not dealt with on the Stock Exchange. Most are part of the National Debt and are in the form of National Savings Certificates, Premium Bonds, National Savings Income Bonds, National Savings Capital Bonds, etc. Other securities are Certificates of Deposit, annuities, etc. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].  2, record 17, English, - non%2Dmarketable%20security

Record 17,  Textual support,  French

Record 17,  Textual support,  Spanish

Record 18,  Textual support,  English

Record number: 18, Textual support number: 1 CONT

Through the Debt Repayment Plan and continued economic growth, the Government is committed to ensuring that the debt-to-GDP ratio remains on a sustained downward path.  1, record 18, English, - downward%20path

Record number: 18, Textual support number: 2 CONT

The Debt Repayment Plan and sustained economic growth will ensure that the debt-to-GDP ratio-the level of the debt in relation to the country's annual income-remains on a permanent downward track.  1, record 18, English, - downward%20path

Record 18,  Textual support,  French

Record number: 18, Textual support number: 1 CONT

Le Plan de remboursement de la dette et une croissance économique soutenue devraient permettre au gouvernement de respecter son engagement de maintenir le ratio de la dette au PIB sur une trajectoire descendante.  1, record 18, French, - trajectoire%20descendante

Record 18,  Textual support,  Spanish

Record 19,  Textual support,  English

Record number: 19, Textual support number: 1 DEF

Annual net income remaining after deducting all fixed and operating expenses but before deducting financial charges such as recapture or debt service.  2, record 19, English, - net%20operating%20income

Record 19,  Textual support,  French

Record 19,  Textual support,  Spanish

Record 20,  Textual support,  English

Record number: 20, Textual support number: 1 DEF

Securities representing pooled debt obligations repackaged as shares, that passes income from debtors through the intermediary to investors. The most common type is a mortgage-backed certificate.  1, record 20, English, - pass%2Dthrough

Record 20,  Textual support,  French

Record number: 20, Textual support number: 1 OBS

avant échéance et assorties à d'autres conditions variables.  1, record 20, French, - valeur%20mobili%C3%A8re%20amortissable%20partiellement

Record 20,  Textual support,  Spanish

Record 21,  Textual support,  English

Record number: 21, Textual support number: 1 OBS

Published in 1996 by the Department of Finance.  1, record 21, English, - Amendments%20to%20the%20Excise%20Tax%20Act%2C%20the%20Federal%2DProvincial%20Fiscal%20Arrangements%20Act%2C%20the%20Income%20Tax%20Act%2C%20the%20Debt%20Servicing%20and%20Reduction%20Account%20Act%20and%20Related%20Acts%20%3A%20Explanatory%20Notes

Record 21,  Textual support,  French

Record number: 21, Textual support number: 1 OBS

Publié en 1996 par le ministère des Finances.  1, record 21, French, - Modifications%20visant%20la%20Loi%20sur%20la%20taxe%20d%27accise%2C%20la%20Loi%20sur%20les%20arrangements%20fiscaux%20entre%20le%20gouvernement%20f%C3%A9d%C3%A9ral%20et%20les%20provinces%2C%20la%20Loi%20de%20l%27imp%C3%B4t%20sur%20le%20revenu%2C%20la%20Loi%20sur%20le%20compte%20de%20service%20et%20de%20r%C3%A9duction%20de%20la%20dette%20et%20des%20lois%20connexes%20%3A%20notes%20explicatives

Record 21,  Textual support,  Spanish

Record 22,  Textual support,  English

Record number: 22, Textual support number: 1 OBS

Bill C-70 assented to 20th February, 1997.  1, record 22, English, - An%20Act%20to%20amend%20the%20Excise%20Tax%20Act%2C%20the%20Federal%2DProvincial%20Fiscal%20Arrangements%20Act%2C%20the%20Income%20Tax%20Act%2C%20the%20Debt%20Servicing%20and%20Reduction%20Account%20Act%20and%20related%20Acts

Record 22,  Textual support,  French

Record number: 22, Textual support number: 1 OBS

Projet de loi C-70 sanctionné le 20 février 1997.  1, record 22, French, - Loi%20modifiant%20la%20Loi%20sur%20la%20taxe%20d%27accise%2C%20la%20Loi%20sur%20les%20arrangements%20fiscaux%20entre%20le%20gouvernement%20f%C3%A9d%C3%A9ral%20et%20les%20provinces%2C%20la%20Loi%20de%20l%27imp%C3%B4t%20sur%20le%20revenu%2C%20la%20Loi%20sur%20le%20compte%20de%20service%20et%20de%20r%C3%A9duction%20de%20la%20dette%20et%20des%20lois%20connexes

Record 22,  Textual support,  Spanish

Record 23,  Textual support,  English

Record number: 23, Textual support number: 1 OBS

1977, 1984  1, record 23, English, - Income%2C%20Assets%20and%20Debt

Record number: 23, Textual support number: 2 OBS

Electronic Products and Services of Statistics Canada.  1, record 23, English, - Income%2C%20Assets%20and%20Debt

Record 23,  Textual support,  French

Record number: 23, Textual support number: 1 OBS

Produits et services électroniques de Statistique Canada.  1, record 23, French, - Revenu%2C%20avoir%20et%20dettes

Record 23,  Textual support,  Spanish

Record 24,  Textual support,  French

Record 24,  Textual support,  Spanish

Record 25,  Textual support,  English

Record number: 25, Textual support number: 1 CONT

Shares which meet the requirements of the exception are often referred to as financial difficulty shares or distress preferred shares. These shares allow the creditor to convert debt to shares and thus receive dividends which are deductible in computing taxable income as opposed to receiving fully taxable interest income. The creditor can then charge a lower dividend rate than the interest rate and achieve the same after-tax rate of return. Although the lower dividends are not deductible by the debtor, this is not usually of consequence given the financial difficulty and resulting loss situation.  2, record 25, English, - financial%20difficulty%20shares

Record 25,  Textual support,  French

Record 25,  Textual support,  Spanish

Record 26,  Textual support,  English

Record number: 26, Textual support number: 1 CONT

What is left over represents an inflow of cash available to the company for the purchase of assets, debt repayment, the payment of dividends and other purposes. The net income may be less than this net inflow of cash because depreciation(a non-cash expense) has been deducted to arrive at net income for the year.  2, record 26, English, - non%2Dcash%20expense

Record 26,  Textual support,  French

Record number: 26, Textual support number: 1 CONT

L'excédent représente une rentrée d'argent dont la compagnie peut disposer pour l'achat d'éléments d'actif, le remboursement de dettes, le paiement de dividendes ou à d'autres fins. Le bénéfice net peut être inférieur à cette rentrée nette d'argent car l'amortissement (des frais hors caisse) a été déduit pour arriver au bénéfice net de l'exercice.  2, record 26, French, - frais%20hors%20caisse

Record 26,  Textual support,  Spanish

Record 27,  Textual support,  English

Record number: 27, Textual support number: 1 CONT

Income or bond funds-whose main investment goals are those of safety of principal and a high income. Investment by such funds is primarily in good quality, high yielding government and corporate debt securities, some high-yield preferred and common shares and mortgages.  2, record 27, English, - high%2Dyield

Record 27,  Textual support,  French

Record number: 27, Textual support number: 1 CONT

Les placements de ces fonds sont orientés surtout vers des titres d'emprunt de bonne qualité et à rendement élevé émis par des compagnies et des gouvernements ainsi que vers quelques actions privilégiées, actions ordinaires et hypothèques donnant également un rendement élevé.  2, record 27, French, - %C3%A0%20rendement%20%C3%A9lev%C3%A9

Record 27,  Textual support,  Spanish

Record 28,  Textual support,  English

Record number: 28, Textual support number: 1 DEF

Debt securities collateralized by mortgage loans on the bond issuer's books. The income generated by the mortgages is used to pay principal and interest on the bonds. The best example is the collateralized mortgage obligation issued by the Federal Home Loan Mortgage Corporation.  1, record 28, English, - pay%2Dthrough%20bond

Record 28,  Textual support,  French

Record 28,  Textual support,  Spanish

Record 29,  Textual support,  English

Record number: 29, Textual support number: 1 CONT

Gains(losses) on disposal of debt securities represent the portion of gains and losses amortized in income in the year indicated.  1, record 29, English, - disposal%20of%20debt%20securities

Record 29,  Textual support,  French

Record 29,  Textual support,  Spanish

Record 30,  Textual support,  English

Record number: 30, Textual support number: 1 DEF

Municipal revenue bond whose debt service is paid from net lease payments made by an industrial corporation to the municipality. For the interest income to be exempt from federal taxation for the bondholder, the corporation must use the facilities to improve civic services or for pollution control activities.  1, record 30, English, - industrial%20development%20bond

Record 30,  Textual support,  French

Record 30,  Textual support,  Spanish