Oops. I forgot to mention the consideration

Private investors have financed and constructed public projects such as hospitals and contracted for a stream of regular future payments (e.g., management or operating fees) from the government until maturity, when the financing is paid off.  Following a favourable ruling, many such projects have been structured on the basis that, in consideration for the agreement of the consortium to construct the facility and operate it during the term to maturity, it is granted a licence to use the property, which qualifies as a Class 14 depreciable property.

When asked what happens when the participants forget to state that the construction costs are incurred in consideration for the grant of the licence, CRA expressed incredulousness that "such an important matter" could be missed; and stated that it was "possible" that some other evidence could be found establishing the cost of the licence.

Neal Armstrong.  Summary of 30 May 2013 T.I. 2013-0487301E5 under Sched. II, Class 14.