Article 616: Definitions

In this Chapter:

enterprise means an entity constituted, established or organized under the applicable laws of a Party, whether privately-owned or governmentally-owned, including any corporation, trust, partnership, cooperative, sole proprietorship, joint venture or other form of association, for the purpose of economic gain;

government enterprise means a Crown corporation within the meaning of the Financial Administration Act (Canada), a Crown corporation within the meaning of comparable provincial law or any equivalent entity formed under other applicable provincial law;

incentive means:

(a) a contribution with a financial value that confers a benefit on the recipient, including cash grants, loans, debt guarantees or an equity injection, made on preferential terms; or

(b) any form of income or price support which results directly or indirectly in a draw on the public purse;

investor of a Party means:

(a) a Party;

(b) a Canadian citizen or permanent resident of Canada; or

(c) an enterprise;

that seeks to establish, acquire or dispose of an enterprise;

market means the geographic or commercial market for a good or service;

monopoly means an entity, whether privately-owned or owned by a Party, that, in the relevant market in the territory of a Party, is granted the right to be the only provider or purchaser of a good or service;

Working Group on Investment means the Working Group established under Article 615.