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?   

This book is a "must-have" financial education for a new generation! It's about launching a financial life with the knowledge and skills to make responsible decisions. Give your clients the gift of knowledge: Buy 3, Get 1 Free!  Use PromoCode: KBRSPECIAL.

Become certified in Financial Literacy: Assessing Risk and Return. Develop confident and consistent solutions with your clients to better manage wealth by building a process and framework for getting results.

Knowledge Bureau has gathered top-class speakers for our upcoming Distinguished Advisor Conference, November 10-13, 2013 in Ojai, California.

Increase Your Cash Flow Calculator – Cash flow and income are two different things, but it may be all the same to your clients: How much do I have to spend each month? The difference is the real money they get to keep after taxes. Try the Cash Flow Calculator risk free!

There are lots of ways to do better for yourself at tax time; starting with the filing of your tax return as soon as possible if you missed the April 30 deadline.

Federal Auditor General Michael Ferguson released his Spring Report on April 30th, including an audit on the Canada Revenue Agency’s struggling effort to collect tax debts owed by Canadians in the last few years. How bad has their performance been?