Guide to Requesting Capacity-Based Real Property Transaction Approval Limits

Guide to Requesting Capacity-Based Real Property Transaction Approval Limits
Date modified: 2012-07-09

More information


Print-friendly XML


acquisition (acquisition)
A transaction that adds real property to a department's inventory by purchase, lease, licence, exchange, gift, easement, expropriation, transfer of administration from another department or agent Crown corporation or a transfer of administration and control from the provincial Crown.
agreement (entente)
An instrument, such as a memoranda of understanding, a memoranda of agreement or an occupancy instrument, that while not legally binding, creates a custodian-tenant relationship by conferring certain real property rights of use or benefits and obligations on the part of the two parties as if it were a truly enforceable instrument.
contaminated site (site contaminé)
A site at which substances occur at concentrations that: (1) are above background levels and pose, or are likely to pose, an immediate or long-term hazard to human health or the environment, or (2) exceed the levels specified in policies and regulations.
custodian (custody) (gardien)
A department whose minister has administration of real property for the purposes of that department
custody transfer (transfert de la garde de biens immobiliers)
A transfer of administration of real property that supports an adjustment to or transfer of program accountability.
disposition/disposal (aliénation)
A transaction that alienates real property from a department's inventory by sale, lease, licence, exchange, gift, easement, transfer of administration to another department or an agent Crown corporation, or transfer of administration and control to the provincial Crown.
financial performance (rendement financier)
A performance measure that addresses the cost of operating and sustaining an asset relative to established standards or targets.
functionality (fonctionnalité)
A performance measure that addresses how effectively an asset meets defined program and service requirements.
heritage building (édifice patrimonial)
A federally owned building to which the Minister of the Environment has assigned a "classified" or "recognized" designation.
management of contaminated sites (gestion des sites contaminés)
The spectrum of approaches for dealing with a known contaminated site. Management includes, but is not limited to, one or more of the following: monitored natural attenuation, warnings, restrictions to site access, change in land usage, isolation of contaminants from human and ecological receptors (contaminant stabilization, barrier walls, capping), interim remediation, partial remediation, phased remediation, full remediation, remediation in any of the previous approaches to varying standards (industrial, commercial, agricultural, residential/parkland), postponement of action until contamination stops. Management also includes risk management.
market value (valeur marchande)
The price that a property would likely bring in a competitive and open market on a specified date under all conditions required for a fair sale, with the buyer and seller each acting prudently and knowledgeably, and where the price is not affected by undue stimulus.
open market (marché libre)
A solicitation of offers giving the public fair and equitable opportunity to acquire real property from or to dispose of real property to the government
physical performance (rendement physique)
A measure that addresses the physical state of repair and environmental condition of an asset relative to its current and long-term service delivery requirements.
public purpose (fins publiques)
For federal departments and agent Crown corporations, "public purpose" means program need; for provinces and municipalities, "public purpose" generally refers to roads, utilities and parks. Other public purposes could be considered if they are non-commercial and for the "common good" of all citizens.
public-private partnership (partenariat public-privé)
A long-term contractual relationship between a public authority and the private sector that involves:
  • The provision of capital assets and associated services to meet a defined output specification (i.e., defines what is required rather than how it is to be done);
  • The integration of multiple phases of the life cycle of an asset (e.g., design, build, maintain and/or operate) and related financing into a single agreement;
  • The allocation of risks between the public and private sectors;
  • Private sector capital at risk throughout the duration of the contract; and
  • A performance-based payment mechanism.
real property (biens immobiliers)
Any right, interest or benefit in land, which includes mines, minerals and improvements on, above or below the surface of the land.
remediation (assainissement)
I mproving a contaminated site to prevent, minimize or mitigate damage to human health or the environment. Remediation involves developing and applying a planned approach that monitors, removes, destroys, contains, or otherwise reduces the exposure of contaminants to receptors of concern.
surplus real property (biens immobiliers excédentaires)
Real property that is no longer required in support of a department's programs.
sustainable development (développement durable)
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
tenant (locataire)
A department occupying real property that is under the administration of the minister of another department.
term (durée)
The period of time covered by a lease, licence or other agreement, including any option(s) (i.e. extensions of the term).
utilization (utilisation)
A performance measure that addresses the type, suitability and intensity of use of an asset relative to its capacity or potential.
Date modified: