Definitions

an authorized foreign bank within the meaning of section 2 of the Bank Act in respect of its business in Canada, or a bank to which that Act applies;

a cooperative credit society, a savings and credit union or a caisse populaire regulated by a provincial Act;

an association regulated by the Cooperative Credit Associations Act;

a central cooperative credit society, as defined in section 2 of the Cooperative Credit Associations Act, or a credit union central or a federation of credit unions or caisses populaires that is regulated by a provincial Act other than one enacted by the legislature of Quebec;

a financial services cooperative regulated by An Act respecting financial services cooperatives, R.S.Q., c. C-67.3, or An Act respecting the Mouvement Desjardins, S.Q. 2000, c. 77;

a life company or a foreign life company to which the Insurance Companies Act applies or a life insurance company regulated by a provincial Act;

a company to which the Trust and Loan Companies Act applies;

a trust company regulated by a provincial Act;

a loan company regulated by a provincial Act;

an entity authorized under provincial legislation to engage in the business of dealing in securities or any other financial instruments, or to provide portfolio management, investment advising, fund administration, or fund management, services;

an entity that is represented or promoted to the public as a collective investment vehicle, mutual fund, exchange traded fund, private equity fund, hedge fund, venture capital fund, leveraged buyout fund or similar investment vehicle that is established to invest or trade in financial assets and that is managed by an entity referred to in paragraph (j);

an entity that is a clearing house or clearing agency; or

a department or an agent of Her Majesty in right of Canada or of a province that is engaged in the business of accepting deposit liabilities. (institution financière particulière)

is described in any of paragraphs C, D and G to J of section III of Annex II to the agreement;

makes a reasonable determination that it is described in any of paragraphs A, B, E and F of section III of Annex II to the agreement;

qualifies as an exempt beneficial owner under relevant U.S. Treasury Regulations in effect on the date of signature of the agreement; or

makes a reasonable determination that it qualifies as a deemed-compliant FFI under relevant U.S. Treasury Regulations in effect on the date of signature of the agreement. (institution financière canadienne non déclarante)