A-29.011 throughout the period that begins on July 1, 2019 and ends on March 15, 2020, begins 90 days prior to the date on which the employee commenced that leave and ends on the day prior to the date on which they commenced their leave, in respect of the fifth qualifying period and any subsequent qualifying period. (rémunération de base)
(a)for the fifth qualifying period,(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 60%, and(ii)in any other case, 1.2 multiplied by the revenue reduction percentage;(b)for the sixth qualifying period,(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 60%, and(ii)in any other case, 1.2 multiplied by the revenue reduction percentage;(c)for the seventh qualifying period,(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 50%, and(ii)in any other case, 1 multiplied by the revenue reduction percentage;(d)for the eighth qualifying period,(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 40%, and(ii)in any other case, 0.8 multiplied by the revenue reduction percentage;(e)for the ninth qualifying period,(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 40%, and(ii)in any other case, 0.8 multiplied by the revenue reduction percentage;(f)for the tenth qualifying period,(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 40%, and(ii)in any other case, 0.8 multiplied by the revenue reduction percentage;(g)for the eleventh qualifying period to the seventeenth qualifying period,(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 40%, and(ii)in any other case, the percentage determined by the formula0.8 × AwhereAis the revenue reduction percentage;(h)for the eighteenth qualifying period,(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 35%, and(ii)in any other case, the percentage determined by the formula0.875 × (A − 10%)whereAis the revenue reduction percentage;(i)for the nineteenth qualifying period,(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 25%, and(ii)in any other case, the percentage determined by the formula0.625 × (A − 10%)whereAis the revenue reduction percentage;(j)for the twentieth qualifying period,(i)if the eligible entity’s revenue reduction percentage is greater than or equal to 50%, 25%, and(ii)in any other case, the percentage determined by the formula0.625 × (A − 10%)whereAis the revenue reduction percentage;(k)for the twenty-first qualifying period,(i)if the eligible entity’s revenue reduction percentage is greater than or equal to 50%, 10%, and(ii)in any other case, the percentage determined by the formula0.25 × (A − 10%)whereAis the revenue reduction percentage;(l)for the twenty-second qualifying period to the twenty-sixth qualifying period,(i)the lesser of 75% and the eligible entity’s revenue reduction percentage for the qualifying period, if, for the qualifying period,(A)the eligible entity’s revenue reduction percentage is greater than or equal to 40%, and(B)either of the following conditions is met:(I)the eligible entity is a qualifying tourism or hospitality entity, or(II)the eligible entity is subject to a qualifying public health restriction,(ii)if subparagraph (i) does not apply to the eligible entity, the eligible entity’s revenue reduction percentage for the qualifying period is greater than or equal to 50% and the prior year revenue decline of the eligible entity is greater than or equal to 50%, the lesser of 50% and the percentage determined by the formula1.6 × (A − 50%) + 10%whereAis the eligible entity’s revenue reduction percentage for the qualifying period, and(iii)in any other case, nil;(m)for the twenty-seventh qualifying period and the twenty-eighth qualifying period,(i)the lesser of 37.5% and one half of the eligible entity’s revenue reduction percentage for the qualifying period, if, for the qualifying period,(A)the eligible entity’s revenue reduction percentage is greater than or equal to 40%, and(B)either of the following conditions is met:(I)the eligible entity is a qualifying tourism or hospitality entity, or(II)the eligible entity is subject to a qualifying public health restriction,(ii)if subparagraph (i) does not apply to the eligible entity, the eligible entity’s revenue reduction percentage is for the qualifying period greater than or equal to 50% and the prior year revenue decline of the eligible entity is greater than or equal to 50%, the lesser of 25% and the percentage determined by the formula0.8 × (A − 50%) + 5%whereAis the eligible entity’s revenue reduction percentage for the qualifying period, and(iii)in any other case, nil; and(n)for a qualifying period after the twentieth qualifying period, a percentage determined by regulation in respect of the eligible entity for the qualifying period or, for a qualifying period after the twenty-eighth qualifying period, if there is no percentage determined by regulation for the qualifying period, nil. (pourcentage de base)
(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 60%, and(ii)in any other case, 1.2 multiplied by the revenue reduction percentage;
(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 60%, and(ii)in any other case, 1.2 multiplied by the revenue reduction percentage;
(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 50%, and(ii)in any other case, 1 multiplied by the revenue reduction percentage;
(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 40%, and(ii)in any other case, 0.8 multiplied by the revenue reduction percentage;
(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 40%, and(ii)in any other case, 0.8 multiplied by the revenue reduction percentage;
(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 40%, and(ii)in any other case, 0.8 multiplied by the revenue reduction percentage;
(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 40%, and(ii)in any other case, the percentage determined by the formula0.8 × AwhereAis the revenue reduction percentage;
(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 35%, and(ii)in any other case, the percentage determined by the formula0.875 × (A − 10%)whereAis the revenue reduction percentage;
(i)if the entity’s revenue reduction percentage is greater than or equal to 50%, 25%, and(ii)in any other case, the percentage determined by the formula0.625 × (A − 10%)whereAis the revenue reduction percentage;
(i)if the eligible entity’s revenue reduction percentage is greater than or equal to 50%, 25%, and(ii)in any other case, the percentage determined by the formula0.625 × (A − 10%)whereAis the revenue reduction percentage;
(i)if the eligible entity’s revenue reduction percentage is greater than or equal to 50%, 10%, and(ii)in any other case, the percentage determined by the formula0.25 × (A − 10%)whereAis the revenue reduction percentage;
(i)the lesser of 75% and the eligible entity’s revenue reduction percentage for the qualifying period, if, for the qualifying period,(A)the eligible entity’s revenue reduction percentage is greater than or equal to 40%, and(B)either of the following conditions is met:(I)the eligible entity is a qualifying tourism or hospitality entity, or(II)the eligible entity is subject to a qualifying public health restriction,(ii)if subparagraph (i) does not apply to the eligible entity, the eligible entity’s revenue reduction percentage for the qualifying period is greater than or equal to 50% and the prior year revenue decline of the eligible entity is greater than or equal to 50%, the lesser of 50% and the percentage determined by the formula1.6 × (A − 50%) + 10%whereAis the eligible entity’s revenue reduction percentage for the qualifying period, and(iii)in any other case, nil;
(A)the eligible entity’s revenue reduction percentage is greater than or equal to 40%, and(B)either of the following conditions is met:(I)the eligible entity is a qualifying tourism or hospitality entity, or(II)the eligible entity is subject to a qualifying public health restriction,
(I)the eligible entity is a qualifying tourism or hospitality entity, or(II)the eligible entity is subject to a qualifying public health restriction,
(i)the lesser of 37.5% and one half of the eligible entity’s revenue reduction percentage for the qualifying period, if, for the qualifying period,(A)the eligible entity’s revenue reduction percentage is greater than or equal to 40%, and(B)either of the following conditions is met:(I)the eligible entity is a qualifying tourism or hospitality entity, or(II)the eligible entity is subject to a qualifying public health restriction,(ii)if subparagraph (i) does not apply to the eligible entity, the eligible entity’s revenue reduction percentage is for the qualifying period greater than or equal to 50% and the prior year revenue decline of the eligible entity is greater than or equal to 50%, the lesser of 25% and the percentage determined by the formula0.8 × (A − 50%) + 5%whereAis the eligible entity’s revenue reduction percentage for the qualifying period, and(iii)in any other case, nil; and
(A)the eligible entity’s revenue reduction percentage is greater than or equal to 40%, and(B)either of the following conditions is met:(I)the eligible entity is a qualifying tourism or hospitality entity, or(II)the eligible entity is subject to a qualifying public health restriction,
(I)the eligible entity is a qualifying tourism or hospitality entity, or(II)the eligible entity is subject to a qualifying public health restriction,
(a)for the first qualifying period, March 2020;(b)for the second qualifying period, April 2020;(c)for the third qualifying period, May 2020;(c.1)for the fourth qualifying period, June 2020;(c.2)for the fifth qualifying period, July 2020;(c.3)for the sixth qualifying period, August 2020;(c.4)for the seventh qualifying period, September 2020;(c.5)for the eighth qualifying period, October 2020;(c.6)for the ninth qualifying period, November 2020;(c.7)for the tenth qualifying period, December 2020;(c.8)for the eleventh qualifying period, December 2020;(c.9)for the twelfth qualifying period, January 2021;(c.91)for the thirteenth qualifying period, February 2021;(c.92)for the fourteenth qualifying period, March 2021;(c.93)for the fifteenth qualifying period, April 2021;(c.94)for the sixteenth qualifying period, May 2021;(c.95)for the seventeenth qualifying period, June 2021;(c.96)for the eighteenth qualifying period, July 2021;(c.97)for the nineteenth qualifying period, August 2021;(c.98)for the twentieth qualifying period, September 2021;(c.99)for the twenty-first qualifying period, October 2021;(c.991)for the twenty-second qualifying period, November 2021;(c.992)for the twenty-third qualifying period, December 2021;(c.993)for the twenty-fourth qualifying period, January 2022;(c.994)for the twenty-fifth qualifying period, February 2022;(c.995)for the twenty-sixth qualifying period, March 2022;(c.996)for the twenty-seventh qualifying period, April 2022;(c.997)for the twenty-eighth qualifying period, May 2022; and(d)for the qualifying period referred to in paragraph (d) of the definitionqualifying period, a prescribed period. (période de référence actuelle)
(a)a corporation or a trust, other than a corporation or a trust that is exempt from tax under this Part or is a public institution;(b)an individual other than a trust;(c)a registered charity, other than a public institution;(d)a person that is exempt from tax under this Part because of paragraph 149(1)(e), (j), (k) or (l), other than a public institution;(e)a partnership, all of the members of which are described in this paragraph or any of paragraphs (a) to (d); or(f)a prescribed organization. (entité déterminée)
(a)for greater certainty, a retiring allowance;(b)amounts deemed to have been received by the eligible employee as a benefit under or because of any of paragraphs 7(1)(a) to (d.1);(c)any amount received that can reasonably be expected to be paid or returned, directly or indirectly, in any manner whatever, to(i)the eligible entity,(ii)a person or partnership not dealing at arm’s length with the eligible entity, or(iii)another person or partnership at the direction of the eligible entity; and(d)any amount that is paid in respect of a week in the qualifying period, if, as part of an arrangement involving the eligible employee and the eligible entity,(i)the amount is in excess of the eligible employee’s baseline remuneration,(ii)after the qualifying period, the eligible employee is reasonably expected to be paid a lower weekly amount than their baseline remuneration, and(iii)one of the main purposes for the arrangement is to increase the amount of the deemed overpayment under subsection (2). (rémunération admissible)
(i)the eligible entity,(ii)a person or partnership not dealing at arm’s length with the eligible entity, or(iii)another person or partnership at the direction of the eligible entity; and
(i)the amount is in excess of the eligible employee’s baseline remuneration,(ii)after the qualifying period, the eligible employee is reasonably expected to be paid a lower weekly amount than their baseline remuneration, and(iii)one of the main purposes for the arrangement is to increase the amount of the deemed overpayment under subsection (2). (rémunération admissible)
(a)nil, unless(i)shares of the capital stock of the eligible entity are listed or traded on a stock exchange or other public market, or(ii)the eligible entity is controlled by a corporation described in subparagraph (i); and(b)if the conditions in subparagraph (a)(i) or (ii) are met, the amount determined by the formulaA × BwhereAis(i)a percentage assigned to the eligible entity under an agreement in respect of the seventeenth qualifying period to the twenty-third qualifying period if(A)the agreement is entered into by(I)the eligible entity,(II)an eligible entity, shares of the capital stock of which are listed or traded on a stock exchange or other public market, that controls the eligible entity (referred to in this definition as the “public parent corporation”), if the public parent corporation received a deemed overpayment under subsection (2) in respect of any of the seventeenth qualifying period to the twenty-third qualifying period, and(III)each other eligible entity that received a deemed overpayment under subsection (2) in respect of any of the seventeenth qualifying period to the twenty-third qualifying period and was controlled in that period by the eligible entity or the public parent corporation, if any,(B)the agreement is filed in prescribed form and manner with the Minister,(C)the agreement assigns, for the purposes of this definition, a percentage in respect of each eligible entity referred to in clause (A) of this subparagraph,(D)the total of all the percentages assigned under the agreement equals 100%, and(E)the percentage allocated to any eligible entity under the agreement would not result in an amount allocated to the eligible entity in excess of the total of all amounts of deemed overpayments of the eligible entity under subsection (2) for any of the seventeenth qualifying period to the twenty-third qualifying period,(i.1)a percentage assigned to the eligible entity under an agreement in respect of the twenty-fourth qualifying period and any subsequent qualifying period if(A)the agreement is entered into by(I)the eligible entity,(II)the public parent corporation, if the public parent corporation received a deemed overpayment under subsection (2) in respect of the twenty-fourth qualifying period or any subsequent qualifying period, and(III)each other eligible entity that received a deemed overpayment under subsection (2) in respect of the twenty-fourth qualifying period or any subsequent qualifying period and was controlled in that period by the eligible entity or the public parent corporation, if any,(B)the agreement is filed in prescribed form and manner with the Minister,(C)the agreement assigns, for the purposes of this definition, a percentage in respect of each eligible entity referred to in clause (A) of this subparagraph,(D)the total of all the percentages assigned under the agreement equals 100%, and(E)the percentage allocated to any eligible entity under the agreement would not result in an amount allocated to the eligible entity in excess of the total of all amounts of deemed overpayments of the eligible entity under subsection (2) for the twenty-fourth qualifying period and any subsequent qualifying period, and(ii)in any other case, 100%, andBis(i)for the seventeenth qualifying period to the twenty-third qualifying period, the lesser of(A)the total of all amounts each of which is an amount of a deemed overpayment under subsection (2) for each of the eligible entities described in clause (i)(A) of the description of A for the seventeenth qualifying period to the twenty-third qualifying period, other than amounts in respect of employees on leave with pay, and(B)the amount determined by the formulaC − DwhereCis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2021 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), andDis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2019 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), and(ii)for the twenty-fourth qualifying period and any subsequent qualifying period, the lesser of(A)the total of all amounts each of which is an amount of a deemed overpayment under subsection (2) for each of the eligible entities described in clause (i.1)(A) of the description of A for the twenty-fourth qualifying period and any subsequent qualifying period, other than amounts in respect of employees on leave with pay, and(B)the amount determined by the formulaE + F − GwhereEis the amount, if any, by which the amount determined under clause (i)(B) exceeds the amount determined under clause (i)(A),Fis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2022 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), andGis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2019 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year). (montant du remboursement de la rémunération de la haute direction)
(i)shares of the capital stock of the eligible entity are listed or traded on a stock exchange or other public market, or(ii)the eligible entity is controlled by a corporation described in subparagraph (i); and
(i)a percentage assigned to the eligible entity under an agreement in respect of the seventeenth qualifying period to the twenty-third qualifying period if(A)the agreement is entered into by(I)the eligible entity,(II)an eligible entity, shares of the capital stock of which are listed or traded on a stock exchange or other public market, that controls the eligible entity (referred to in this definition as the “public parent corporation”), if the public parent corporation received a deemed overpayment under subsection (2) in respect of any of the seventeenth qualifying period to the twenty-third qualifying period, and(III)each other eligible entity that received a deemed overpayment under subsection (2) in respect of any of the seventeenth qualifying period to the twenty-third qualifying period and was controlled in that period by the eligible entity or the public parent corporation, if any,(B)the agreement is filed in prescribed form and manner with the Minister,(C)the agreement assigns, for the purposes of this definition, a percentage in respect of each eligible entity referred to in clause (A) of this subparagraph,(D)the total of all the percentages assigned under the agreement equals 100%, and(E)the percentage allocated to any eligible entity under the agreement would not result in an amount allocated to the eligible entity in excess of the total of all amounts of deemed overpayments of the eligible entity under subsection (2) for any of the seventeenth qualifying period to the twenty-third qualifying period,(i.1)a percentage assigned to the eligible entity under an agreement in respect of the twenty-fourth qualifying period and any subsequent qualifying period if(A)the agreement is entered into by(I)the eligible entity,(II)the public parent corporation, if the public parent corporation received a deemed overpayment under subsection (2) in respect of the twenty-fourth qualifying period or any subsequent qualifying period, and(III)each other eligible entity that received a deemed overpayment under subsection (2) in respect of the twenty-fourth qualifying period or any subsequent qualifying period and was controlled in that period by the eligible entity or the public parent corporation, if any,(B)the agreement is filed in prescribed form and manner with the Minister,(C)the agreement assigns, for the purposes of this definition, a percentage in respect of each eligible entity referred to in clause (A) of this subparagraph,(D)the total of all the percentages assigned under the agreement equals 100%, and(E)the percentage allocated to any eligible entity under the agreement would not result in an amount allocated to the eligible entity in excess of the total of all amounts of deemed overpayments of the eligible entity under subsection (2) for the twenty-fourth qualifying period and any subsequent qualifying period, and(ii)in any other case, 100%, and
(A)the agreement is entered into by(I)the eligible entity,(II)an eligible entity, shares of the capital stock of which are listed or traded on a stock exchange or other public market, that controls the eligible entity (referred to in this definition as the “public parent corporation”), if the public parent corporation received a deemed overpayment under subsection (2) in respect of any of the seventeenth qualifying period to the twenty-third qualifying period, and(III)each other eligible entity that received a deemed overpayment under subsection (2) in respect of any of the seventeenth qualifying period to the twenty-third qualifying period and was controlled in that period by the eligible entity or the public parent corporation, if any,(B)the agreement is filed in prescribed form and manner with the Minister,(C)the agreement assigns, for the purposes of this definition, a percentage in respect of each eligible entity referred to in clause (A) of this subparagraph,(D)the total of all the percentages assigned under the agreement equals 100%, and(E)the percentage allocated to any eligible entity under the agreement would not result in an amount allocated to the eligible entity in excess of the total of all amounts of deemed overpayments of the eligible entity under subsection (2) for any of the seventeenth qualifying period to the twenty-third qualifying period,
(I)the eligible entity,(II)an eligible entity, shares of the capital stock of which are listed or traded on a stock exchange or other public market, that controls the eligible entity (referred to in this definition as the “public parent corporation”), if the public parent corporation received a deemed overpayment under subsection (2) in respect of any of the seventeenth qualifying period to the twenty-third qualifying period, and(III)each other eligible entity that received a deemed overpayment under subsection (2) in respect of any of the seventeenth qualifying period to the twenty-third qualifying period and was controlled in that period by the eligible entity or the public parent corporation, if any,
(A)the agreement is entered into by(I)the eligible entity,(II)the public parent corporation, if the public parent corporation received a deemed overpayment under subsection (2) in respect of the twenty-fourth qualifying period or any subsequent qualifying period, and(III)each other eligible entity that received a deemed overpayment under subsection (2) in respect of the twenty-fourth qualifying period or any subsequent qualifying period and was controlled in that period by the eligible entity or the public parent corporation, if any,(B)the agreement is filed in prescribed form and manner with the Minister,(C)the agreement assigns, for the purposes of this definition, a percentage in respect of each eligible entity referred to in clause (A) of this subparagraph,(D)the total of all the percentages assigned under the agreement equals 100%, and(E)the percentage allocated to any eligible entity under the agreement would not result in an amount allocated to the eligible entity in excess of the total of all amounts of deemed overpayments of the eligible entity under subsection (2) for the twenty-fourth qualifying period and any subsequent qualifying period, and
(I)the eligible entity,(II)the public parent corporation, if the public parent corporation received a deemed overpayment under subsection (2) in respect of the twenty-fourth qualifying period or any subsequent qualifying period, and(III)each other eligible entity that received a deemed overpayment under subsection (2) in respect of the twenty-fourth qualifying period or any subsequent qualifying period and was controlled in that period by the eligible entity or the public parent corporation, if any,
(i)for the seventeenth qualifying period to the twenty-third qualifying period, the lesser of(A)the total of all amounts each of which is an amount of a deemed overpayment under subsection (2) for each of the eligible entities described in clause (i)(A) of the description of A for the seventeenth qualifying period to the twenty-third qualifying period, other than amounts in respect of employees on leave with pay, and(B)the amount determined by the formulaC − DwhereCis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2021 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), andDis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2019 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), and(ii)for the twenty-fourth qualifying period and any subsequent qualifying period, the lesser of(A)the total of all amounts each of which is an amount of a deemed overpayment under subsection (2) for each of the eligible entities described in clause (i.1)(A) of the description of A for the twenty-fourth qualifying period and any subsequent qualifying period, other than amounts in respect of employees on leave with pay, and(B)the amount determined by the formulaE + F − GwhereEis the amount, if any, by which the amount determined under clause (i)(B) exceeds the amount determined under clause (i)(A),Fis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2022 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), andGis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2019 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year). (montant du remboursement de la rémunération de la haute direction)
(A)the total of all amounts each of which is an amount of a deemed overpayment under subsection (2) for each of the eligible entities described in clause (i)(A) of the description of A for the seventeenth qualifying period to the twenty-third qualifying period, other than amounts in respect of employees on leave with pay, and(B)the amount determined by the formulaC − DwhereCis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2021 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), andDis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2019 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), and
(A)the total of all amounts each of which is an amount of a deemed overpayment under subsection (2) for each of the eligible entities described in clause (i.1)(A) of the description of A for the twenty-fourth qualifying period and any subsequent qualifying period, other than amounts in respect of employees on leave with pay, and(B)the amount determined by the formulaE + F − GwhereEis the amount, if any, by which the amount determined under clause (i)(B) exceeds the amount determined under clause (i)(A),Fis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2022 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), andGis the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2019 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year). (montant du remboursement de la rémunération de la haute direction)
(a)the total amount of compensation that is reported in the eligible entity’s Statement of Executive Compensation for Named Executive Officers pursuant to National Instrument 51-102 Continuous Disclosure Obligations, as amended from time to time, of the Canadian Securities Administrators in respect of Named Executive Officers of the eligible entity;(b)if paragraph (a) does not apply and the eligible entity is required to make a similar disclosure to shareholders under the laws of another jurisdiction, the amount of total compensation reported in that disclosure (if the compensation of more than five individuals is required to be reported under that disclosure, using the five most highly compensated of those individuals); and(c)if paragraphs (a) and (b) do not apply, the amount that would be required to be reported by the eligible entity using the methodology for preparing the Statement of Executive Compensation referred to in paragraph (a). (rémunération de la haute direction)
(a)subject to paragraph (b),(i)for the first qualifying period, March 2019,(ii)for the second qualifying period, April 2019,(iii)for the third qualifying period, May 2019,(iv)for the fourth qualifying period, June 2019,(v)for the fifth qualifying period, July 2019,(vi)for the sixth qualifying period, August 2019,(vii)for the seventh qualifying period, September 2019,(viii)for the eighth qualifying period, October 2019,(ix)for the ninth qualifying period, November 2019,(x)for the tenth qualifying period, December 2019,(xi)for the eleventh qualifying period, December 2019,(xii)for the twelfth qualifying period, January 2020,(xiii)for the thirteenth qualifying period, February 2020,(xiv)for the fourteenth qualifying period, March 2019,(xv)for the fifteenth qualifying period, April 2019,(xvi)for the sixteenth qualifying period, May 2019,(xvii)for the seventeenth qualifying period, June 2019,(xviii)for the eighteenth qualifying period, July 2019,(xix)for the nineteenth qualifying period, August 2019,(xx)for the twentieth qualifying period, September 2019,(xxi)for the twenty-first qualifying period, October 2019,(xxii)for the twenty-second qualifying period, November 2019,(xxiii)for the twenty-third qualifying period, December 2019,(xxiv)for the twenty-fourth qualifying period, January 2020,(xxv)for the twenty-fifth qualifying period, February 2020,(xxvi)for the twenty-sixth qualifying period, March 2019,(xxvii)for the twenty-seventh qualifying period, April 2019, and(xxviii)for the twenty-eighth qualifying period, May 2019;(b)January and February 2020, if(i)on March 1, 2019, the eligible entity was not carrying on business or otherwise carrying on its ordinary activities and the qualifying period is any of the first qualifying period to the fourth qualifying period, or(ii)the qualifying period is any of(A)the first qualifying period to the fourth qualifying period and the eligible entity elects for all of the first qualifying period to the third qualifying period,(B)the fifth qualifying period to the qualifying period referred to in paragraph (d) of the definitionqualifying periodand the eligible entity elects for all of those qualifying periods,(C)the fourteenth qualifying period to the seventeenth qualifying period, if(I)on March 1, 2019, the eligible entity was not carrying on business or otherwise carrying on its ordinary activities, and(II)the eligible entity elects for all of those qualifying periods, or(D)the twenty-sixth qualifying period to the twenty-eighth qualifying period, if(I)on March 1, 2019, the eligible entity was not carrying on business or otherwise carrying on its ordinary activities, and(II)the eligible entity elects for all of those qualifying periods; and(c)for the qualifying period referred to in paragraph (d) of the definitionqualifying period, a prescribed period. (période de référence antérieure)
(i)for the first qualifying period, March 2019,(ii)for the second qualifying period, April 2019,(iii)for the third qualifying period, May 2019,(iv)for the fourth qualifying period, June 2019,(v)for the fifth qualifying period, July 2019,(vi)for the sixth qualifying period, August 2019,(vii)for the seventh qualifying period, September 2019,(viii)for the eighth qualifying period, October 2019,(ix)for the ninth qualifying period, November 2019,(x)for the tenth qualifying period, December 2019,(xi)for the eleventh qualifying period, December 2019,(xii)for the twelfth qualifying period, January 2020,(xiii)for the thirteenth qualifying period, February 2020,(xiv)for the fourteenth qualifying period, March 2019,(xv)for the fifteenth qualifying period, April 2019,(xvi)for the sixteenth qualifying period, May 2019,(xvii)for the seventeenth qualifying period, June 2019,(xviii)for the eighteenth qualifying period, July 2019,(xix)for the nineteenth qualifying period, August 2019,(xx)for the twentieth qualifying period, September 2019,(xxi)for the twenty-first qualifying period, October 2019,(xxii)for the twenty-second qualifying period, November 2019,(xxiii)for the twenty-third qualifying period, December 2019,(xxiv)for the twenty-fourth qualifying period, January 2020,(xxv)for the twenty-fifth qualifying period, February 2020,(xxvi)for the twenty-sixth qualifying period, March 2019,(xxvii)for the twenty-seventh qualifying period, April 2019, and(xxviii)for the twenty-eighth qualifying period, May 2019;
(i)on March 1, 2019, the eligible entity was not carrying on business or otherwise carrying on its ordinary activities and the qualifying period is any of the first qualifying period to the fourth qualifying period, or(ii)the qualifying period is any of(A)the first qualifying period to the fourth qualifying period and the eligible entity elects for all of the first qualifying period to the third qualifying period,(B)the fifth qualifying period to the qualifying period referred to in paragraph (d) of the definitionqualifying periodand the eligible entity elects for all of those qualifying periods,(C)the fourteenth qualifying period to the seventeenth qualifying period, if(I)on March 1, 2019, the eligible entity was not carrying on business or otherwise carrying on its ordinary activities, and(II)the eligible entity elects for all of those qualifying periods, or(D)the twenty-sixth qualifying period to the twenty-eighth qualifying period, if(I)on March 1, 2019, the eligible entity was not carrying on business or otherwise carrying on its ordinary activities, and(II)the eligible entity elects for all of those qualifying periods; and
(A)the first qualifying period to the fourth qualifying period and the eligible entity elects for all of the first qualifying period to the third qualifying period,(B)the fifth qualifying period to the qualifying period referred to in paragraph (d) of the definitionqualifying periodand the eligible entity elects for all of those qualifying periods,(C)the fourteenth qualifying period to the seventeenth qualifying period, if(I)on March 1, 2019, the eligible entity was not carrying on business or otherwise carrying on its ordinary activities, and(II)the eligible entity elects for all of those qualifying periods, or(D)the twenty-sixth qualifying period to the twenty-eighth qualifying period, if(I)on March 1, 2019, the eligible entity was not carrying on business or otherwise carrying on its ordinary activities, and(II)the eligible entity elects for all of those qualifying periods; and
(I)on March 1, 2019, the eligible entity was not carrying on business or otherwise carrying on its ordinary activities, and(II)the eligible entity elects for all of those qualifying periods, or
(I)on March 1, 2019, the eligible entity was not carrying on business or otherwise carrying on its ordinary activities, and(II)the eligible entity elects for all of those qualifying periods; and
(a)that is any of the first qualifying period to the thirteenth qualifying period (but including only one of the tenth qualifying period or the eleventh qualifying period); and(b)throughout which the eligible entity was(i)carrying on its ordinary activities, or(ii)not carrying on its ordinary activities because of a public health restriction. (réduction du revenu d’une année antérieure)
(i)carrying on its ordinary activities, or(ii)not carrying on its ordinary activities because of a public health restriction. (réduction du revenu d’une année antérieure)
(a)it is made under a law of Canada or a province, or the authority granted under such a law;(b)it is made in response to the coronavirus disease 2019 (COVID-19) pandemic;(c)it is limited in scope based on one or more factors, such as(i)defined geographical boundaries,(ii)type of business or other activity, or(iii)risks associated with a particular location;(d)non-compliance with the order or decision is a federal or provincial offence or can result in the imposition of an administrative monetary penalty or other sanction by the Government of Canada or a province;(e)it does not result from a violation by the eligible entity – or a party with which the eligible entity does not deal at arm’s length that rents, directly or indirectly, the qualifying property from the eligible entity (referred to in this definition as the “specified tenant”) – of an order or decision that meets the conditions in paragraphs (a) to (d);(f)as a result of the order or decision, some or all of the activities of the eligible entity – or the specified tenant – at, or in connection with, the qualifying property (that it is reasonable to expect the eligible entity – or the specified tenant – would, absent the order or decision, otherwise have engaged in) are required to cease (referred to in this definition as the “restricted activities”) based, for greater certainty, on the type of activity rather than the extent to which an activity may be performed or limits placed on the time during which an activity may be performed;(g)it is reasonable to conclude that at least approximately 25% of the qualifying revenues of the eligible entity – or the specified tenant – for the prior reference period that were earned from, or in connection with, the qualifying property were derived from the restricted activities; and(h)the restricted activities are required to cease for a period of at least one week. (restrictions sanitaires)
(i)defined geographical boundaries,(ii)type of business or other activity, or(iii)risks associated with a particular location;
(a)an organization described in any of paragraphs 149(1)(a) to (d.6); or(b)a school, school board, hospital, health authority, public university or college. (institution publique)
(a)it files an application with the Minister in respect of the qualifying period in prescribed form and manner on or before the later of(i)January 31, 2021, and(ii)180 days after the end of the qualifying period;(b)the individual who has principal responsibility for the financial activities of the eligible entity attests that the application is complete and accurate in all material respects;(c)if the qualifying period is any of the first qualifying period to the fourth qualifying period, its qualifying revenues for the current reference period are equal to or less than the specified percentage, for the qualifying period, of(i)if paragraph (a) or (c) of the definitionprior reference periodapplies, its qualifying revenues for the prior reference period, and(ii)if paragraph (b) of the definitionprior reference periodapplies, the amount determined by the formula0.5A(B/C)whereAis its qualifying revenues for the prior reference period,Bis the number of days in the prior reference period, andCis the number of days in the prior reference period during which the eligible entity was carrying on business; and(d)it meets either of the following conditions:(i)it had, on March 15, 2020, a business number in respect of which it is registered with the Minister to make remittances required under section 153, or(ii)it is the case that(A)on March 15, 2020,(I)it employed one or more individuals in Canada,(II)the payroll for its employees was administered by another person or partnership (referred to in this subparagraph as the “payroll service provider”), and(III)the payroll service provider had a business number in respect of which it is registered with the Minister to make remittances required under section 153,(B)the payroll service provider used its business number to make the remittances referred to in subclause (A)(III) in respect of the employees of the eligible entity, and(C)the Minister is satisfied that the conditions in clauses (A) and (B) are met. (entité admissible)
(i)January 31, 2021, and(ii)180 days after the end of the qualifying period;
(i)if paragraph (a) or (c) of the definitionprior reference periodapplies, its qualifying revenues for the prior reference period, and(ii)if paragraph (b) of the definitionprior reference periodapplies, the amount determined by the formula0.5A(B/C)whereAis its qualifying revenues for the prior reference period,Bis the number of days in the prior reference period, andCis the number of days in the prior reference period during which the eligible entity was carrying on business; and
(i)it had, on March 15, 2020, a business number in respect of which it is registered with the Minister to make remittances required under section 153, or(ii)it is the case that(A)on March 15, 2020,(I)it employed one or more individuals in Canada,(II)the payroll for its employees was administered by another person or partnership (referred to in this subparagraph as the “payroll service provider”), and(III)the payroll service provider had a business number in respect of which it is registered with the Minister to make remittances required under section 153,(B)the payroll service provider used its business number to make the remittances referred to in subclause (A)(III) in respect of the employees of the eligible entity, and(C)the Minister is satisfied that the conditions in clauses (A) and (B) are met. (entité admissible)
(A)on March 15, 2020,(I)it employed one or more individuals in Canada,(II)the payroll for its employees was administered by another person or partnership (referred to in this subparagraph as the “payroll service provider”), and(III)the payroll service provider had a business number in respect of which it is registered with the Minister to make remittances required under section 153,(B)the payroll service provider used its business number to make the remittances referred to in subclause (A)(III) in respect of the employees of the eligible entity, and(C)the Minister is satisfied that the conditions in clauses (A) and (B) are met. (entité admissible)
(I)it employed one or more individuals in Canada,(II)the payroll for its employees was administered by another person or partnership (referred to in this subparagraph as the “payroll service provider”), and(III)the payroll service provider had a business number in respect of which it is registered with the Minister to make remittances required under section 153,
(a)the period that begins on March 15, 2020 and ends on April 11, 2020 (referred to in this section as the “first qualifying period”);(b)the period that begins on April 12, 2020 and ends on May 9, 2020 (referred to in this section as the “second qualifying period”);(c)the period that begins on May 10, 2020 and ends on June 6, 2020 (referred to in this section as the “third qualifying period”);(c.1)the period that begins on June 7, 2020 and ends on July 4, 2020 (referred to in this section as the “fourth qualifying period”);(c.2)the period that begins on July 5, 2020 and ends on August 1, 2020 (referred to in this section as the “fifth qualifying period”);(c.3)the period that begins on August 2, 2020 and ends on August 29, 2020 (referred to in this section as the “sixth qualifying period”);(c.4)the period that begins on August 30, 2020 and ends on September 26, 2020 (referred to in this section as the “seventh qualifying period”);(c.5)the period that begins on September 27, 2020 and ends on October 24, 2020 (referred to in this section as the “eighth qualifying period”);(c.6)the period that begins on October 25, 2020 and ends on November 21, 2020 (referred to in this section as the “ninth qualifying period”);(c.7)the period that begins on November 22, 2020 and ends on December 19, 2020 (referred to in this section as the “tenth qualifying period”);(c.8)the period that begins on December 20, 2020 and ends on January 16, 2021 (referred to in this section as the “eleventh qualifying period”);(c.9)the period that begins on January 17, 2021 and ends on February 13, 2021 (referred to in this section as the “twelfth qualifying period”);(c.91)the period that begins on February 14, 2021 and ends on March 13, 2021 (referred to in this section as the “thirteenth qualifying period”);(c.92)the period that begins on March 14, 2021 and ends on April 10, 2021 (referred to in this section as the “fourteenth qualifying period”);(c.93)the period that begins on April 11, 2021 and ends on May 8, 2021 (referred to in this section as the “fifteenth qualifying period”);(c.94)the period that begins on May 9, 2021 and ends on June 5, 2021 (referred to in this section as the “sixteenth qualifying period”);(c.95)the period that begins on June 6, 2021 and ends on July 3, 2021 (referred to in this section as the “seventeenth qualifying period”);(c.96)the period that begins on July 4, 2021 and ends on July 31, 2021 (referred to in this section as the “eighteenth qualifying period”);(c.97)the period that begins on August 1, 2021 and ends on August 28, 2021 (referred to in this section as the “nineteenth qualifying period”);(c.98)the period that begins on August 29, 2021 and ends on September 25, 2021 (referred to in this section as the “twentieth qualifying period”);(c.99)the period that begins on September 26, 2021 and ends on October 23, 2021 (referred to in this section as the “twenty-first qualifying period”);(c.991)the period that begins on October 24, 2021 and ends on November 20, 2021 (referred to in this section as the “twenty-second qualifying period”);(c.992)the period that begins on November 21, 2021 and ends on December 18, 2021 (referred to in this section as the “twenty-third qualifying period”);(c.993)the period that begins on December 19, 2021 and ends on January 15, 2022 (referred to in this section as the “twenty-fourth qualifying period”);(c.994)the period that begins on January 16, 2022 and ends on February 12, 2022 (referred to in this section as the “twenty-fifth qualifying period”);(c.995)the period that begins on February 13, 2022 and ends on March 12, 2022 (referred to in this section as the “twenty-sixth qualifying period”);(c.996)the period that begins on March 13, 2022 and ends on April 9, 2022 (referred to in this section as the “twenty-seventh qualifying period”);(c.997)the period that begins on April 10, 2022 and ends on May 7, 2022 (referred to in this section as the “twenty-eighth qualifying period”); and(d)a prescribed period that ends no later than July 2, 2022. (période d’admissibilité)
(a)one or more qualifying properties of the eligible entity — or of one or more specified tenants (within the meaning of the definitionpublic health restriction) of the eligible entity — is subject to a public health restriction for at least seven days in the qualifying period; and(b)it is reasonable to conclude that at least approximately 25% of the qualifying revenues of the eligible entity — together with the qualifying revenues of any specified tenants of the eligible entity — for the prior reference period were derived from the restricted activities. (restrictions sanitaires admissibles)
(a)it files an application with the Minister in respect of the qualifying period in prescribed form and manner no later than 180 days after the end of the qualifying period;(b)it would be a qualifying entity for the qualifying period if the definitionqualifying entitywere read without reference to its paragraph (a);(c)if it is a corporation (other than a corporation that is exempt from tax under this Part), it(i)is a Canadian-controlled private corporation, or(ii)would be a Canadian-controlled private corporation absent the application of subsection 136(1);(d)if it is a partnership, throughout the qualifying period it is the case thatA ≤ 0.5BwhereAis the total of all amounts, each of which is the fair market value of an interest in the partnership held — directly or indirectly, through one or more partnerships — by(i)a person or partnership other than an eligible entity, or(ii)a corporation, other than a corporation that(A)is exempt from tax under this Part, or(B)is described in subparagraph (c)(i) or (ii), andBis the total fair market value of all interests in the partnership; and(e)it has a revenue reduction percentage(i)greater than 0%, if it is the seventeenth qualifying period, or(ii)greater than 10% (or a percentage determined by regulation for the qualifying period), if it is any of the eighteenth qualifying period and subsequent qualifying periods. (entité de relance admissible)
(i)is a Canadian-controlled private corporation, or(ii)would be a Canadian-controlled private corporation absent the application of subsection 136(1);
(i)a person or partnership other than an eligible entity, or(ii)a corporation, other than a corporation that(A)is exempt from tax under this Part, or(B)is described in subparagraph (c)(i) or (ii), and
(A)is exempt from tax under this Part, or(B)is described in subparagraph (c)(i) or (ii), and
(i)greater than 0%, if it is the seventeenth qualifying period, or(ii)greater than 10% (or a percentage determined by regulation for the qualifying period), if it is any of the eighteenth qualifying period and subsequent qualifying periods. (entité de relance admissible)
(a)rent for the use of, or right to use, the qualifying property,(i)including(A)gross rent,(B)rent based on a percentage of sales, profit or a similar criterion,(C)amounts required to be paid under a net lease by the eligible entity either to the lessor or a third party, as(I)base rent,(II)regular instalments of operating expenses, such as insurance, utilities and common area maintenance expenses, customarily charged to the lessee under a net lease,(III)property and similar taxes, including school and municipal taxes, and(IV)regular instalments of other amounts payable to the lessor for services ancillary to the rental of real or immovable properties and customarily supplied or rendered in connection with the rental of real or immovable properties, and(D)amounts received by the lessor under the Canada Emergency Commercial Rent Assistance program that were applied against rent payable in respect of the qualifying period, if those amounts would otherwise be required to be refunded to the eligible entity, and(ii)excluding(A)sales taxes,(B)amounts paid as, on account of, in lieu of payment of or in satisfaction of, damages,(C)amounts paid under a guarantee, security or similar indemnity or covenant,(D)payments arising due to default under the agreement by the eligible entity,(E)interest and penalties on unpaid amounts,(F)fees payable for discrete items or special services, and(G)reconciliation adjustment payments, and(b)in the case of qualifying property owned by the eligible entity that is not used by the eligible entity primarily to earn rental income or, where the qualifying property is used primarily by the eligible entity to earn rental income directly or indirectly from a person or partnership not dealing at arm’s length with the eligible entity, that is not used by that person or partnership primarily to earn rental income,(i)if there is a debt obligation secured by a mortgage or hypothec on the qualifying property, interest on the debt obligation to the extent that the amount of the debt obligation does not exceed the lesser of(A)the lowest total principal amount secured by one or more mortgages or hypothecs (provided the mortgage or hypothec has an amortization period) on the qualifying property at any time after it was acquired by the eligible entity (excluding any temporary period in the course of a refinancing transaction between the time when an existing mortgage is discharged and a new mortgage is registered), and(B)the cost amount of the qualifying property,(ii)amounts paid for insurance on the qualifying property, and(iii)property and similar taxes on the qualifying property, including school and municipal taxes; and
(i)including(A)gross rent,(B)rent based on a percentage of sales, profit or a similar criterion,(C)amounts required to be paid under a net lease by the eligible entity either to the lessor or a third party, as(I)base rent,(II)regular instalments of operating expenses, such as insurance, utilities and common area maintenance expenses, customarily charged to the lessee under a net lease,(III)property and similar taxes, including school and municipal taxes, and(IV)regular instalments of other amounts payable to the lessor for services ancillary to the rental of real or immovable properties and customarily supplied or rendered in connection with the rental of real or immovable properties, and(D)amounts received by the lessor under the Canada Emergency Commercial Rent Assistance program that were applied against rent payable in respect of the qualifying period, if those amounts would otherwise be required to be refunded to the eligible entity, and(ii)excluding(A)sales taxes,(B)amounts paid as, on account of, in lieu of payment of or in satisfaction of, damages,(C)amounts paid under a guarantee, security or similar indemnity or covenant,(D)payments arising due to default under the agreement by the eligible entity,(E)interest and penalties on unpaid amounts,(F)fees payable for discrete items or special services, and(G)reconciliation adjustment payments, and
(A)gross rent,(B)rent based on a percentage of sales, profit or a similar criterion,(C)amounts required to be paid under a net lease by the eligible entity either to the lessor or a third party, as(I)base rent,(II)regular instalments of operating expenses, such as insurance, utilities and common area maintenance expenses, customarily charged to the lessee under a net lease,(III)property and similar taxes, including school and municipal taxes, and(IV)regular instalments of other amounts payable to the lessor for services ancillary to the rental of real or immovable properties and customarily supplied or rendered in connection with the rental of real or immovable properties, and(D)amounts received by the lessor under the Canada Emergency Commercial Rent Assistance program that were applied against rent payable in respect of the qualifying period, if those amounts would otherwise be required to be refunded to the eligible entity, and
(I)base rent,(II)regular instalments of operating expenses, such as insurance, utilities and common area maintenance expenses, customarily charged to the lessee under a net lease,(III)property and similar taxes, including school and municipal taxes, and(IV)regular instalments of other amounts payable to the lessor for services ancillary to the rental of real or immovable properties and customarily supplied or rendered in connection with the rental of real or immovable properties, and
(A)sales taxes,(B)amounts paid as, on account of, in lieu of payment of or in satisfaction of, damages,(C)amounts paid under a guarantee, security or similar indemnity or covenant,(D)payments arising due to default under the agreement by the eligible entity,(E)interest and penalties on unpaid amounts,(F)fees payable for discrete items or special services, and(G)reconciliation adjustment payments, and
(i)if there is a debt obligation secured by a mortgage or hypothec on the qualifying property, interest on the debt obligation to the extent that the amount of the debt obligation does not exceed the lesser of(A)the lowest total principal amount secured by one or more mortgages or hypothecs (provided the mortgage or hypothec has an amortization period) on the qualifying property at any time after it was acquired by the eligible entity (excluding any temporary period in the course of a refinancing transaction between the time when an existing mortgage is discharged and a new mortgage is registered), and(B)the cost amount of the qualifying property,(ii)amounts paid for insurance on the qualifying property, and(iii)property and similar taxes on the qualifying property, including school and municipal taxes; and
(A)the lowest total principal amount secured by one or more mortgages or hypothecs (provided the mortgage or hypothec has an amortization period) on the qualifying property at any time after it was acquired by the eligible entity (excluding any temporary period in the course of a refinancing transaction between the time when an existing mortgage is discharged and a new mortgage is registered), and(B)the cost amount of the qualifying property,
(a)it files an application with the Minister in respect of the qualifying period in prescribed form and manner no later than 180 days after the end of the qualifying period;(b)the individual who has principal responsibility for the financial activities of the eligible entity attests that the application is complete and accurate in all material respects; and(c)it meets any of the following conditions:(i)it meets the condition in paragraph (d) of the definitionqualifying entity,(ii)it had a business number on September 27, 2020 and provides records and other information satisfactory to the Minister in support of its application, or(iii)it meets prescribed conditions. (locataire admissible)
(i)it meets the condition in paragraph (d) of the definitionqualifying entity,(ii)it had a business number on September 27, 2020 and provides records and other information satisfactory to the Minister in support of its application, or(iii)it meets prescribed conditions. (locataire admissible)
(a)in the case of an eligible entity described in paragraph (c) of the definitioneligible entity,(i)it includes revenue from arelated business(as defined in subsection 149.1(1)), gifts and other amounts received in the course of its ordinary activities, and(ii)notwithstanding subparagraph (i), the eligible entity may elect to exclude funding received from government sources in the determination of its qualifying revenue for all of its prior reference periods and current reference periods;(b)in the case of an eligible entity described in paragraph (d) of the definitioneligible entity,(i)it includes membership fees and other amounts received in the course of its ordinary activities, and(ii)notwithstanding subparagraph (i), the eligible entity may elect to exclude funding received from government sources in the determination of its qualifying revenue for all of its prior reference periods and current reference periods;(b.1)in the case of an eligible entity prescribed in paragraph (f) of the definitioneligible entitythat would be described in paragraph (c) or (d) of that definition if it were not a public institution, subparagraphs (a)(i) and (ii) apply to an eligible entity that would be described in paragraph (c) of that definition and subparagraphs (b)(i) and (ii) apply to an eligible entity that would be described in paragraph (d) of that definition;(c)it excludes, for greater certainty, extraordinary items;(d)it excludes amounts derived from persons or partnerships not dealing at arm’s length with the eligible entity; and(e)it excludes, for greater certainty, deemed overpayments under subsection (2) and deemed remittances under subsection 153(1.02). (revenu admissible)
(i)it includes revenue from arelated business(as defined in subsection 149.1(1)), gifts and other amounts received in the course of its ordinary activities, and(ii)notwithstanding subparagraph (i), the eligible entity may elect to exclude funding received from government sources in the determination of its qualifying revenue for all of its prior reference periods and current reference periods;
(i)it includes membership fees and other amounts received in the course of its ordinary activities, and(ii)notwithstanding subparagraph (i), the eligible entity may elect to exclude funding received from government sources in the determination of its qualifying revenue for all of its prior reference periods and current reference periods;
(a)for any of the seventeenth qualifying period to the nineteenth qualifying period, 50%;(b)for the twentieth qualifying period, 40%;(c)for the twenty-first qualifying period, 30%; and(d)for any of the twenty-second qualifying period and subsequent qualifying periods, 50% or a percentage determined by regulation for the qualifying period. (taux de subvention salariale de relance)
(a)if the qualifying period is any of the eighth qualifying period to the seventeenth qualifying period,(i)if the eligible entity’s revenue reduction percentage is greater than or equal to 70%, 65%,(ii)if the eligible entity’s revenue reduction percentage is greater than or equal to 50%, but less than 70%, the percentage determined by the formula40% + (A − 50%) × 1.25whereAis the eligible entity’s revenue reduction percentage, and(iii)if the eligible entity’s revenue reduction percentage is less than 50%, the percentage determined by the formula0.8 × BwhereBis the eligible entity’s revenue reduction percentage;(a.1)if the qualifying period is any of the eighteenth qualifying period to the twenty-eighth qualifying period, the percentage determined by the formulaA + BwhereAis the eligible entity’s base percentage for the qualifying period, andBis the eligible entity’s top-up percentage for the qualifying period; and(b)for a qualifying period after the twenty-eighth qualifying period, a percentage determined by regulation in respect of the eligible entity or, if there is no percentage determined by regulation for the qualifying period, nil. (pourcentage de subvention pour le loyer)
(i)if the eligible entity’s revenue reduction percentage is greater than or equal to 70%, 65%,(ii)if the eligible entity’s revenue reduction percentage is greater than or equal to 50%, but less than 70%, the percentage determined by the formula40% + (A − 50%) × 1.25whereAis the eligible entity’s revenue reduction percentage, and(iii)if the eligible entity’s revenue reduction percentage is less than 50%, the percentage determined by the formula0.8 × BwhereBis the eligible entity’s revenue reduction percentage;
(a)for the first qualifying period, 85%; and(b)for any of the second qualifying period to the fourth qualifying period, 70%. (pourcentage déterminé)(c)[Repealed, 2021, c. 23, s. 24]
(a)for any of the fifth qualifying period to the tenth qualifying period, the lesser of 25% and the percentage determined by the formula1.25 × (A − 50%)whereAis the entity’s top-up revenue reduction percentage for the qualifying period;(b)for any of the eleventh qualifying period to the seventeenth qualifying period, the lesser of 35% and the percentage determined by the formula1.75 × (A − 50%)whereAis the entity’s top-up revenue reduction percentage for the qualifying period;(c)for the eighteenth qualifying period, the lesser of 25% and the percentage determined by the formula1.25 × (A − 50%)whereAis the entity’s top-up revenue reduction percentage for the qualifying period;(d)for the nineteenth qualifying period, the lesser of 15% and the percentage determined by the formula0.75 × (A − 50%)whereAis the entity’s top-up revenue reduction percentage for the qualifying period;(e)for the twentieth qualifying period, the lesser of 15% and the percentage determined by the formula0.75 × (A − 50%)whereAis the entity’s top-up revenue reduction percentage for the qualifying period;(f)for the twenty-first qualifying period, the lesser of 10% and the percentage determined by the formula0.5 × (A − 50%)whereAis the entity’s top-up revenue reduction percentage for the qualifying period; and(g)for each qualifying period after the twenty-first qualifying period, nil. (pourcentage compensatoire)
(a)for any of the fifth qualifying period to the seventh qualifying period, the result (expressed as a percentage) of the formula1 − A ÷ BwhereAis the average monthly qualifying revenue of the eligible entity for the last three calendar months that ended prior to the current reference period for the qualifying period, andBis the average monthly qualifying revenue of the eligible entity for(i)if the prior reference period for the qualifying period is January and February 2020, January and February 2020, and(ii)in any other case, the last three calendar months that ended prior to the prior reference period for the qualifying period;(b)for any of the eighth qualifying period to the tenth qualifying period, the greater of(i)the result (expressed as a percentage) of the formula in paragraph (a), and(ii)the revenue reduction percentage of the eligible entity for the qualifying period; and(c)for the eleventh qualifying period and each subsequent qualifying period, the eligible entity’s revenue reduction percentage for the qualifying period. (pourcentage compensatoire de baisse de revenue)
(i)if the prior reference period for the qualifying period is January and February 2020, January and February 2020, and(ii)in any other case, the last three calendar months that ended prior to the prior reference period for the qualifying period;
(i)the result (expressed as a percentage) of the formula in paragraph (a), and(ii)the revenue reduction percentage of the eligible entity for the qualifying period; and
(a)$1,129,(b)the eligible remuneration paid to the eligible employee in respect of the week,(c)if the eligible employee does not deal at arm’s length with the eligible entity in the qualifying period, the baseline remuneration in respect of the eligible employee determined for that week, and(d)if the eligible employee is on leave with pay in the week, nil. (rémunération totale de la période de base)
(a)$1,129,(b)the eligible remuneration paid to the eligible employee in respect of the week,(c)if the eligible employee does not deal at arm’s length with the eligible entity in the qualifying period, the baseline remuneration in respect of the eligible employee determined for that week, and(d)if the eligible employee is on leave with pay in the week, nil. (rémunération totale de la période actuelle)
(a)if the qualifying period is described in any of paragraphs (a) to (c.1) of the definitionqualifying periodin subsection (1), equal to the greater of(i)the least of(A)75% of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)$847, and(C)if the eligible employee does not deal at arm’s length with the qualifying entity in the qualifying period, nil, and(ii)the least of(A)the amount of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)75% of baseline remuneration in respect of the eligible employee determined for that week, and(C)$847, and(b)if the qualifying period is described in any of paragraphs (c.2) to (d) of the definitionqualifying periodin subsection (1),(i)if the eligible employee is not on leave with pay for that week and the qualifying period is described in paragraph (c.2) or (c.3) of the definitionqualifying periodin subsection (1), the greater of(A)an amount equal to(I)nil, if the revenue reduction percentage of the qualifying entity for the qualifying period is less than 30%, and(II)in any other case, the greater of the amount determined under subparagraph (a)(i) and the amount determined under subparagraph (a)(ii), and(B)the amount determined by the formula in subparagraph (ii),(ii)if the eligible employee is not on leave with pay for that week and the qualifying period is described in any of paragraphs (c.4) to (d) of the definitionqualifying periodin subsection (1), the amount determined by the formula(E + F) × GwhereEis the qualifying entity’s base percentage for the qualifying period,Fis the qualifying entity’s top-up percentage for the qualifying period, andGis the least of(A)the amount of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)$1,129, and(C)if the eligible employee does not deal at arm’s length with the qualifying entity in the qualifying period, the baseline remuneration in respect of the eligible employee determined for that week,(iii)if the eligible employee is on leave with pay for that week and the qualifying period is described in paragraph (c.2) or (c.3) of the definitionqualifying periodin subsection (1),(A)nil, unless(I)the revenue reduction percentage of the qualifying entity for the qualifying period is greater than 0%, or(II)the top-up percentage of the qualifying entity for the qualifying period is greater than 0%, and(B)in any other case, the greater of the amount determined under subparagraph (a)(i) and the amount determined under subparagraph (a)(ii), and(iv)if the eligible employee is on leave with pay for that week and the qualifying period is described in any of paragraphs (c.4) to (d) of the definitionqualifying periodin subsection (1), the least of(A)the amount of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)an amount determined by regulation in respect of the qualifying entity for the qualifying period,(C)nil, if(I)the eligible employee does not deal at arm’s length with the qualifying entity in the qualifying period, and(II)the baseline remuneration of the eligible employee for that week is nil, and(D)nil, unless(I)the revenue reduction percentage of the qualifying entity for the qualifying period is greater than 0%, or(II)the top-up percentage of the qualifying entity for the qualifying period is greater than 0%;
(i)the least of(A)75% of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)$847, and(C)if the eligible employee does not deal at arm’s length with the qualifying entity in the qualifying period, nil, and(ii)the least of(A)the amount of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)75% of baseline remuneration in respect of the eligible employee determined for that week, and(C)$847, and
(A)75% of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)$847, and(C)if the eligible employee does not deal at arm’s length with the qualifying entity in the qualifying period, nil, and
(A)the amount of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)75% of baseline remuneration in respect of the eligible employee determined for that week, and(C)$847, and
(i)if the eligible employee is not on leave with pay for that week and the qualifying period is described in paragraph (c.2) or (c.3) of the definitionqualifying periodin subsection (1), the greater of(A)an amount equal to(I)nil, if the revenue reduction percentage of the qualifying entity for the qualifying period is less than 30%, and(II)in any other case, the greater of the amount determined under subparagraph (a)(i) and the amount determined under subparagraph (a)(ii), and(B)the amount determined by the formula in subparagraph (ii),(ii)if the eligible employee is not on leave with pay for that week and the qualifying period is described in any of paragraphs (c.4) to (d) of the definitionqualifying periodin subsection (1), the amount determined by the formula(E + F) × GwhereEis the qualifying entity’s base percentage for the qualifying period,Fis the qualifying entity’s top-up percentage for the qualifying period, andGis the least of(A)the amount of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)$1,129, and(C)if the eligible employee does not deal at arm’s length with the qualifying entity in the qualifying period, the baseline remuneration in respect of the eligible employee determined for that week,(iii)if the eligible employee is on leave with pay for that week and the qualifying period is described in paragraph (c.2) or (c.3) of the definitionqualifying periodin subsection (1),(A)nil, unless(I)the revenue reduction percentage of the qualifying entity for the qualifying period is greater than 0%, or(II)the top-up percentage of the qualifying entity for the qualifying period is greater than 0%, and(B)in any other case, the greater of the amount determined under subparagraph (a)(i) and the amount determined under subparagraph (a)(ii), and(iv)if the eligible employee is on leave with pay for that week and the qualifying period is described in any of paragraphs (c.4) to (d) of the definitionqualifying periodin subsection (1), the least of(A)the amount of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)an amount determined by regulation in respect of the qualifying entity for the qualifying period,(C)nil, if(I)the eligible employee does not deal at arm’s length with the qualifying entity in the qualifying period, and(II)the baseline remuneration of the eligible employee for that week is nil, and(D)nil, unless(I)the revenue reduction percentage of the qualifying entity for the qualifying period is greater than 0%, or(II)the top-up percentage of the qualifying entity for the qualifying period is greater than 0%;
(A)an amount equal to(I)nil, if the revenue reduction percentage of the qualifying entity for the qualifying period is less than 30%, and(II)in any other case, the greater of the amount determined under subparagraph (a)(i) and the amount determined under subparagraph (a)(ii), and(B)the amount determined by the formula in subparagraph (ii),
(I)nil, if the revenue reduction percentage of the qualifying entity for the qualifying period is less than 30%, and(II)in any other case, the greater of the amount determined under subparagraph (a)(i) and the amount determined under subparagraph (a)(ii), and
(A)the amount of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)$1,129, and(C)if the eligible employee does not deal at arm’s length with the qualifying entity in the qualifying period, the baseline remuneration in respect of the eligible employee determined for that week,
(A)nil, unless(I)the revenue reduction percentage of the qualifying entity for the qualifying period is greater than 0%, or(II)the top-up percentage of the qualifying entity for the qualifying period is greater than 0%, and(B)in any other case, the greater of the amount determined under subparagraph (a)(i) and the amount determined under subparagraph (a)(ii), and
(I)the revenue reduction percentage of the qualifying entity for the qualifying period is greater than 0%, or(II)the top-up percentage of the qualifying entity for the qualifying period is greater than 0%, and
(A)the amount of eligible remuneration paid to the eligible employee by the qualifying entity in respect of that week,(B)an amount determined by regulation in respect of the qualifying entity for the qualifying period,(C)nil, if(I)the eligible employee does not deal at arm’s length with the qualifying entity in the qualifying period, and(II)the baseline remuneration of the eligible employee for that week is nil, and(D)nil, unless(I)the revenue reduction percentage of the qualifying entity for the qualifying period is greater than 0%, or(II)the top-up percentage of the qualifying entity for the qualifying period is greater than 0%;
(I)the eligible employee does not deal at arm’s length with the qualifying entity in the qualifying period, and(II)the baseline remuneration of the eligible employee for that week is nil, and
(I)the revenue reduction percentage of the qualifying entity for the qualifying period is greater than 0%, or(II)the top-up percentage of the qualifying entity for the qualifying period is greater than 0%;
(a)nil, if the qualifying period is any of the fifth qualifying period to the nineteenth qualifying period, unless(i)the revenue reduction percentage of the qualifying entity for the qualifying period is greater than 0%, or(ii)the top-up percentage of the qualifying entity for the qualifying period is greater than 0%,(a.1)nil, if the qualifying period is after the nineteenth qualifying period, and(b)in any other case, the total of all amounts, each of which is for an eligible employee in respect of a week in the qualifying period, if the eligible employee is on leave with pay for that week and the amount is(i)an amount payable by the qualifying entity(A)as an employer’s premium under theEmployment Insurance Act, or(B)as an employer’s contribution under theCanada Pension Planor under aprovincial pension planas defined in section 3 of theCanada Pension Plan, or(ii)an amount payable by the qualifying entity as an employer’s premium under theAct respecting parental insurance, CQLR, c