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?   

FOR IMMEDIATE RELEASE – Lisa McKee, MFA-Business Services Specialist, reveals the secret of success for her firm, McKee Accounting: Putting the client at the centre of everything to provide high-quality customer service.

Many small businesses in Canada are led by individuals who are in or near retirement age. The majority of these companies require assistance with succession-related issues, often due to a lack of planning within the business. Qualified advisors have a significant opportunity to assist in this regard, building clients for the long term.

It truly takes a village of financial support to help keep students out of a lifetime of debt. The RESP is a good savings vehicle for parents to consider, because it comes with a government “sweetener.”

Did you know that Canada suffers about 8,000 wildfires every year that ravage 2.5 million hectares of land1? This has been a particularly difficult year in BC and the northern prairies. CRA wants taxpayers affected by natural disasters to know that Taxpayer Relief Provisions are available to waive penalties and interest on taxes owing if tax filing is late as a result. But a tax return must still be filed.

Getting a university degree and then working in the public sector will make you richer in retirement, especially if you settle down and live as a couple. Highly educated people working in public administration, education, health care and social assistance will have higher incomes, more generous defined benefit plans, and more money to buy other wealth-enhancing assets, too.

Knowledge Bureau and Manulife are pleased to announce that Keeley Doherty of Rorabeck Wealth Advisory Group, BMO Nesbitt Burns, and Brandon Silbermann, a financial advisor at Stockman Financial Services Ltd. and Manulife Securities Investment Services Inc., both located in Toronto, have been selected as the two inaugural winners of THE DAC YOUNG ADVISORS AWARD.