Is the construction of pipelines to be used in moving natural resources from the well site to the processing plant or from the plant to the marketplace a prescribed activity? CRA responded:
Where parties enter into a written joint venture agreement with the stated purpose of constructing a pipeline and related infrastructure, to the extent that it is affixed to the ground and intended to remain there on a permanent basis, subject to a review of the agreement, the activity may be a prescribed activity under paragraph 3(1)(a) of the Regulations and an election under section 273 may be made.
