Posts

Automated factory machinery that can be expensed using the Productivity Mega Deduction

New Productivity Mega Deduction to allow 100 per cent expensing of expanded range of capital assets

The federal government yesterday announced a significant new measure that will allow the immediate expensing of a broader range of depreciable property. The Productivity Mega Deduction builds on Budget 2025’s Productivity Super-Deduction (PSD) and is proposed as a permanent measure. Draft legislative proposals were released alongside the announcement, but the measure has not yet been enacted. […]

Parliament Hill in Ottawa after Budget 2024 was delivered

Federal Budget 2024 raises capital gains inclusion rates, continues major deficit spending

The raft of ambitious new federal spending commitments in the lead up to Budget 2024 were designed to position the Trudeau government as being a step ahead of challenges such as affordability, the national housing shortage and Canada’s woeful economic productivity. Many of these announcements were also drafted to woo critical Generation Z and Millennial voters […]

office staff in the workplace

Kick-start your return-to-growth strategy with a focus on the workplace

What will the new normal be? That’s the question businesses across Canada and around the world are trying to answer as governments lift restrictions put in place to help limit the spread of COVID-19. With companies eagerly reopening retail locations, ramping up production at manufacturing facilities and re-energizing their offices, it’s critical for leaders to […]