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?   

The Canada Deposit Insurance Corporation’s (CDIC) deposit protection is automatically applied when investors deposit money with a member bank or credit unions.  The object is to protect depositors should a bank fail.  The good news?  There has not been a deposit insurance payout in almost 30 years.  But now the framework is under review and both advisors and their clients may wish to weigh in, in particular because the deposit insurance limit is currently only $100,000 in specific deposit categories. 

The Canada Revenue Agency (CRA) is very serious about tax evasion and non-compliance and readers can expect that they will actively pursue businesses and individuals that engage in tax non-compliance, non-payment or other tax crimes in Canada and abroad, according to their new departmental plan for 2025-26. 

Are more of your clients in the market for an Electric Vehicle? As the global shift toward sustainability gains momentum, Canadian individuals and businesses are increasingly turning their attention to electric vehicles (EVs). Not only do EVs offer long-term operational savings and environmental benefits, but Canada's tax laws also provide substantial financial advantages for business owners. This article explores the key benefits of integrating EVs as a business asset, with a focus on the tax-deductible expenses and financial incentives available in a Canadian context.

Businesses registered for the GST and Harmonized Sales Tax (HST) in Canada must file returns and remit the tax they collect to the Canada Revenue Agency (CRA). When it comes to reporting the HST collected and the input tax credits (ITCs) they can claim, registrants have two primary options: the Quick method and the Detailed (or regular) method. Choosing the right method can significantly impact a business’s cash flow and administrative workload. This is just one aspect of strong tax advisory services, delivered to small businesses by a specialist.  Consider earning the DMA- Corporate Tax Services Specialist Designation  to gain deeper insights into tax planning & compliance to  help clients make informed decisions—like choosing the right HST method.  Here are some details about the HST filings:

Welcome to a bold new chapter in your educational journey: Knowledge Bureau’s enhanced digital platform and refreshed 2025–2026 Curriculum. Designed to meet the needs of today’s tax, accounting, and financial professionals, this new learning experience introduces Four Distinct Pathways to Upskilling—from entry-level learning to elite industry designations. Whether you're a first-time student, an experienced advisor, or a graduate ready for your next credential, you'll find the flexibility and depth you need to succeed. Check out upcoming registration dates, including July 31 and September 15 for tuition offers, and the online Course Catalogue; some highlights appear, below:

The Acuity Conference for Distinguished Advisors (DAC) takes place November 23- 26 in Puerto Vallarta and we are pleased to welcome the thought leadership of many returning education partners to the stage. These speakers are ready to wow the highly-engaged audience at the only multi-disciplinary conference for professionals in the tax, accounting and financial services. Be sure to sign on as a delegate or partner by the September 30 early-bird deadline. Here are the details: