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?   

Drawing up inter-spousal investment loans are a legitimate way for the higher-income spouse to transfer taxable investment income to their lower-income spouse to reduce the family tax bill. For several years now, the prescribed rate for spousal loans has been set at 1% but that may be changing shortly.

On September 13, the Minister of Finance, Jim Flaherty, confirmed reports that the Canada GEN Investment Corporation, a wholly-owned subsidiary of the Canada Development Investment Corporation, sold 30 million common stock General Motors (GM) shares to BofA Merill Lynch and RBC Capital Markets in an unregistered block trade. 

Canadian full-time students in undergraduate programs paid 3.3% more on average in tuition fees for the 2013/2014 academic year this fall than they did a year earlier.

It’s expensive to get an education, so investing in careers that “count” both financially and for your lifestyle in the future is important.

The Tax Court of Canada (TCC) recently considered whether a graduate student performing research at the University of British Columbia was an employee for the purposes of subsection 5(1) of the Employment Insurance Act.

Finding a tax advisor to take your family into a tax-efficient future is important.