Capital Cost Allowance
Canadian Property Management
More assets to qualify for full depreciation
Canadian corporations can now claim deductions for the full cost of a much wider range of capital assets in the tax year in which they are purchased or come into use.
Canadian Property Management
Data management capabilities get tax perk
The 2024 federal budget introduces temporary accelerated depreciation of specified "innovation-enabling and productivity-enhancing" assets and new purpose-built rental housing.
Canadian Property Management
Cogeneration systems to lose tax enticement
The 2021 federal budget adds some clean energy equipment to immediately qualify for accelerated capital cost allowance, and names various combined heat and power applications to be delisted after 2023.
