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in the case of an insurance corporation that was resident in Canada at any time in the year and throughout the year did not carry on a life insurance business, the amount determined by the formula A + B + (0.9 × C) − (0.9 × D) + E − F − G where A is the amount of the corporation’s long-term debt at the end of the year, B is the total amount, at the end of the year, of the corporation’s capital stock (or, in the case of an insurance corporation incorporated without share capital, the amount of its members’ contributions), retained earnings, accumulated other comprehensive income, policyholders’ liabilities, contributed surplus, and any other surpluses, C is total of all amounts each of which is the contractual service margin for a group of insurance contracts of the corporation at the end of the year that is in respect of non-cancellable or guaranteed renewable accident and sickness policies in respect of accident and sickness insurance (as defined in subsection 1408(1) of the Income Tax Regulations), mortgage insurance (as defined in subsection 1408(1) of the Income Tax Regulations), or title insurance (as defined in subsection 1408(1) of the Income Tax Regulations), D is the total of all amounts each of which is the amount, in respect of a group of reinsurance contracts held by the corporation at the end of the year, that is the contractual service margin for the group, if no portion of the contractual service margin is in respect of a risk under an insurance policy other than an insurance policy that is in respect of non-cancellable or guaranteed renewable accident and sickness policies in respect of accident and sickness insurance (as defined in subsection 1408(1) of the Income Tax Regulations), mortgage insurance (as defined in subsection 1408(1) of the Income Tax Regulations), or title insurance (as defined in subsection 1408(1) of the Income Tax Regulations), and in any other case, the amount that would be the contractual service margin for the group if the contractual service margin were determined excluding any portion that is in respect of the reinsurance of risks under policies other than those described in any of clauses (i)(A) to (C), E is the amount of the corporation’s reserves for the year, except to the extent that they were deducted in computing its income under Part I for the year, or are reserves in respect of the contractual service margin for a group of insurance contracts of the corporation at the end of the year, F is the total of all amounts each of which is the reinsurance contract held amount for a group of reinsurance contracts held by the corporation at the end of the year, to the extent the amount can be reasonably regarded as being included in the amount determined under the description of E, and G is the amount of any deficit deducted in computing the shareholders’ equity (including, for this purpose, the amount of any provision for the redemption of preferred shares) at the end of the year;