term preferred share | retractable preferred share

non-performing term preferred share

B-share | preference share | preference stock | preferred share | preferred stock | senior share

cumulative shares | cumulative preference shares | cumulative preferential shares | cumulative preferred | cumulative preferred shares | cumulative preferred stock | cumulative stock

non-cumulative shares | non-cumulative preference shares | non-cumulative preferential shares | non-cumulative preferred | non-cumulative preferred shares | non-cumulative preferred stock | non-cumulative stock

cumulative preference share | cumulative preference stock | cumulative preferred share | cumulative preferred stock

non-participating preference share | non-participating preferred share

preferred share (1) | preference share (2)

(8) For the purposes of paragraph 112(2.2)(d) of the Act, paragraph (i) of the definition “short-term preferred share” , the definition “taxable preferred share” in paragraph (f) of the definition “term preferred share” in subsection 248(1) of the Act, the Exchangeable Preference Shares of Canada Cement Lafarge Ltd (in this subsection referred to as the “subject shares”), the Exchangeable Preference Shares of Lafarge Canada Inc. and the shares of any corporation formed as a result of an amalgamation or merger of Lafarge Canada Inc. with one or more other corporations are prescribed shares at any particular time where the terms and con ...[+++]ditions of such shares at the particular time are the same as, or substantially the same as, the terms and conditions of the subject shares as of June 18, 1987 and, for the purposes of this subsection, the amalgamation or merger of one or more corporations with another corporation formed as a result of an amalgamation or merger of Lafarge Canada Inc. with one or more other corporations shall be deemed to be an amalgamation of Lafarge Canada Inc. with another corporation.

(4.2) Where there has been an amalgamation or merger of two or more corporations after November 27, 1986 and a share of any class of the capital stock of the new corporation (in this subsection referred to as the “new share”) was issued to a shareholder in consideration for the disposition of a share by that shareholder of any class of the capital stock of a predecessor corporation (in this subsection referred to as the “exchanged share”) and the terms and conditions of the new share were the same as, or substantially the same as, the terms and conditions of the exchanged share, for the purposes of applying the provisions of this subsection, subsections 112(2.2) and 112(2.4), Parts IV. 1 and VI. 1, section 258 and the definitions “grandfathered share” ...[+++], “short-term preferred share” , “taxable preferred share” and “taxable RFI share” in subsection 248(1) to the new share, the following rules apply:

(2.1) No deduction may be made under subsection (1) or (2) in computing the taxable income of a specified financial institution in respect of a dividend received by it on a share that was, at the time the dividend was received, a term preferred share, other than a dividend on a share of the capital stock of a corporation that was not acquired in the ordinary course of the business carried on by the institution, and for the purposes of this subsection, if a restricted financial institution received the dividend on a share of the capital stock of a mutual fund corporation or an investment corporation at any time after the mutual fund or in ...[+++]vestment corporation has elected under subsection 131(10) not to be a restricted financial institution, the share is deemed to be a term preferred share acquired in the ordinary course of business.

(b) the share was, immediately after its issuance, a share described in paragraph (e) of the definition “term preferred share” in subsection 248(1) of the Act, and the share would, at any time in the year, be a term preferred share if