Words and Phrases - "franchise"

Payments made by the taxpayer to reimburse a pulp company ("Anglo-Canadian") for the costs of installing pipelines connecting the taxpayer's manufacturing plant with Anglo-Canadian's plant as part and parcel of a long-term supply arrangement were not costs of a Class 14 property. "Whatever may be the precise meaning of the expression 'franchise' ... that expression refers to the right, granted to a person, to carry on an activity which, otherwise, that person could not have carried on, at least in the same conditions."