18 May 2022 Internal T.I. 2018-0788761I7 F - Amortissement – Travaux sur un bien loué et F&T -- summary under Ownership

Before quoting from Mount Robson in this regard, the Directorate indicated that:

Generally, the owner of a building owns everything that is joined to the building. Consequently, a tenant generally only acquires a leasehold interest in a property owned by another person when the improvements or alterations made by the tenant to that property are incorporated into it. However, the contract between the parties may provide otherwise. An analysis of each contract is therefore necessary in determining the ownership of a Particular Property in a particular situation.

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