Traduction de «revenu à titre de pension » (Français → Anglais) :

Once their performance fixed in a phonogram is no longer protected, around 7000 performers in any of the big Member States and a correspondingly smaller number in the smaller Member States will lose all of their income that derives from contractual royalties and statutory remuneration claims from broadcasting and public communication of their performances in bars and discotheques.

In the overall package of support to people after retirement, pensions represent the largest share, and the main source of pension income is public pension schemes.

They are not income for parents (1715) Therefore, for all new child support awards and all existing awards that are varied on or after May 1, 1997, support payments will not be included in the income of the custodial parent for tax purposes nor be tax deductible for the payer.

New section 152.29 provides that arrears will be paid first to amounts owing under the Canada Pension Plan, second to amounts owing under the Employment Insurance Act, and third to the payment of income taxes under the Income Tax Act.

Mr. John Williams (St. Albert): Mr. Speaker, I congratulate the member for St. John's West on a fine speech.

That the Senate urges the Government, in the February 1998 Budget, to propose an amendment to the Income Tax Act that would increase to 30 %, by increments of 2 % per year over a five-year period, the foreign property component of deferred income plans (pension plans, registered retirement savings plans and registered pension plans), as was done in the period between 1990 to 1995 when the foreign property limit of deferred income plans was increased from 10 % to 20 %, because: (a) Canadians should be permitted to take advantage of potentially better investment returns in other markets, thereby increasing the value of their financial asse ...[+++]ts held for retirement, reducing the amount of income supplement that Canadians may need from government sources, and increasing government tax revenues from retirement income; (b) Canadians should have more flexibility when investing their retirement savings, while reducing the risk of those investments through diversification; (c) greater access to the world equity market would allow Canadians to participate in both higher growth economies and industry sectors; (d) the current 20% limit has become artificial since both individuals with significant resources and pension plans with significant resources can by-pass the current limit through the use of, for example, strategic investment decisions and derivative products; and (e) problems of liquidity for pension fund managers, who now find they must take substantial positions in a single company to meet the 80 % Canadian holdings requirement, would be reduced.