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?   

Lori Campbell earned her MFA-Succession and Estate Planning Specialist designation in 2012 and has been a frequent delegate of the Distinguished Advisor Conference over the last seven years. We are pleased to have Lori as one of our distinguished grads.

The donation credit is non-refundable and reduces taxes payable. For those who have donated in the past, the credit can be close to 50 cents on the dollar, depending on how much you give. First-time donors can get an extra 25% credit for cash donations up to $1,000.

Taxpayers who receive Employment Insurance or Old Age Security benefits in 2014 may be required to repay all or part of those benefits, depending on their income level. However, there are ways to reduce or eliminate those repayments.

Advise affluent families seeking tax-efficient investment planning. Enrol today in Tax Strategies for Financial Advisors and save $50. Earn 30 FPSC-approved CE credits.

Join us at the one-day Audit Defence Bootcamp to better understand your new obligations to CRA and regulators in real time and excel as an educator an advocate for clients undergoing life changes. Register before May 15 to get early-bird pricing and guarantee your seat at this popular event.

Having an MFA™ is not simply about the money, the product, or the plan—it’s about creating and managing inter-advisory relationships with ideal clients. Add Real Wealth Management™ to your accounting or tax practice as an MFA-Business Services Specialist and expand your specialized wealth management knowledge.