The federal government has announced changes to Canada’s capital cost allowance system that will allow businesses to deduct the full cost of more capital investments in the year they are purchased and put to use. Called the Productivity Mega Deduction, the measure expands the type of assets that qualify for immediate expensing, building on provisions…
The Government of Canada has declared the initial regions eligible for the Livestock Tax Deferral provision for 2022, including a large portion of Central and Southern Alberta. “Canada’s producers continue to show remarkable resilience as they face challenges and uncertainty due to extreme weather conditions,” says Minister of Agriculture and Agri-Food Marie-Claude Bibeau. “Designation of…
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