Immediate Expensing Rules: Good Tax Policy?

Over the course of the last two federal budgets (April 16, 2024 and November 4, 2025), the rules for claiming Capital Cost Allowance (CCA) have been uncertain. The proposal to extend immediate expensing rules for certain acquired assets were paused for over a year and then re-introduced in a series of four complex measures which together with new rules for Scientific Research and Experimental Development have become known as the “Productivity Super-Deduction”.  A backdrop appears below. The key question: will this complexity be effective as an economic stimulator?   

Now that tax season is in full swing, Knowledge Bureau would like to remind you of some key dates to mark in your calendar: Regional DAW Workshops - May 24 to 31, Summer Studies Begin June 15, DAC  Nov 6 -9.

“Money is the sixth sense that makes it possible to enjoy the other five.” - Richard Ney

Investors Breathe A Small Sigh Of Relief, but Losers Include Mutual Fund Holders, Small Businesses, Charities and Certain Families. 

Tax provisions that affect personal taxation for 2016 and beyond.

New 2016 federal budget includes business tax measures addressing tax changes for business income.

Review additional tax measures announced by the Government in the 2016 Federal Budget.