A $2 million production line acquired in June and the same line acquired three months later could receive completely different tax treatment in the same fiscal year. The measure behind that gap is still draft legislation — no bill, no CRA guidance — and clients are making capital decisions against it now.
Registering multiple people? Volume discounts from 10% to 25% apply automatically at checkout.
75 minutes of teaching and discussion, including live Q&A.
The webinar recording will be available shortly following the live event.
Includes tax tables, worked examples, planning notes, technical references, and supporting resource materials.
A CPD certificate is available after successful quiz completion.
An excavation contractor fully expenses an $800,000 machine when its combined corporate tax rate is roughly 10%, reducing its tax by about $80,000 and leaving the UCC of the class at nil. In year four, it trades the machine in for about $450,000 at a time when its combined corporate tax rate is roughly 27% — with the UCC of the class still at nil, the full $450,000 is brought back into income as recapture. The result illustrates the real planning question: what rate is the client deducting at today, and what rate could apply when that deduction comes back?
One measure, one announcement date. The reasoning underneath is about unenacted law, deductions that reverse, and where a benefit actually lands.
Draft proposals carrying an effective date are not enacted law, and the 2024 capital gains proposal showed how far the profession will act on one anyway. What the file note records is the part that survives either outcome.
Whether something qualifies, when the deduction arrives, and what it is worth to this taxpayer are three separate questions. Rate path, entity placement and recapture can move the answer further than eligibility does.
The draft removes the $1.5 million cap and the group-sharing arithmetic. What arrives with it is an empty class, no terminal loss, retroactive pressure on GRIP and safe income, and potentially a second provincial CCA schedule to carry.
TAX POLICY & ECONOMICS
PHD, CM
Tax Authority
FCPA, FCA, TEP
TAX STRATEGY & OPTIMIZATION
CPA, CA
Yes. Discounts range from 10% to 25% based on the number of people registered. The volume discount applies automatically at checkout as additional registrations are added.
You'll receive a confirmation email for your registration, along with a link to access the live session.
If you cannot attend live, the recording will be made available in your CTM account shortly after the session ends, so you can watch on demand.
Yes. The detailed slide deck and supporting materials will be posted shortly before the live session. When the recording is available, you'll be notified by email.
You will have access to the recording and course materials through your CTM account for one year. CTM members can access course materials while their membership is active.
Yes. A CPD certificate is available after successful quiz completion.
Yes. We will take questions during the live Q&A portion after the teaching session.
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