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?   

Can employed and self-employed people claim the same expenses for home offices at tax time? The answer is no. Whether you are employed or self-employed matters; the following checklist can help you determine where your deductions fit.

Microsoft Canada had been illegally overcharging for its Intel-compatible PC operating systems and software since 1988. This was claimed in a class action lawsuit against Microsoft Corporation, Microsoft Canada Co. and the Attorney General of Canada (Intervener), by Pro-Sys Consultants Ltd. and Neil Godfrey at the Supreme Court of Canada.

On November 13th, the Honourable Jim Flaherty, Minister of Finance, issued a positive affirmation of Canada’s credit rating.

Sometimes an employer will require an employee to relocate to another part of the country. In such cases, it is not unusual for a low-interest or interest-free housing loan to be granted to cushion the costs of the move.

Reporting for taxpayers with segregated funds that feature guarantees at death require some advanced knowledge to this properly.  

Modern families that are successful in accumulating wealth over time use the power of their economic unit to get the best after-tax results during their lifetimes and with a tax-efficient, intergenerational wealth transfer in mind.