9 May 2008 External T.I. 2008-0271781E5 F - Dédommagement pour perte de revenu de pension -- summary under Superannuation or Pension Benefit

Lump sum payments made by the Quebec government to members of two plans that had deficits are not be taxable given that the amounts are not received as, or in full or partial payment of, a superannuation or pension benefit or allowance and did not represent a substitution of such amounts, and were not derived from a source of income.