Resources

Home - Resources
CANADA’S NEW "PRODUCTIVITY MEGA DEDUCTION": WHAT THE PROPOSED 100% WRITE-OFF MEANS FOR FALL PURCHASES

CANADA’S NEW "PRODUCTIVITY MEGA DEDUCTION": WHAT THE PROPOSED 100% WRITE-OFF MEANS FOR FALL PURCHASES

The Department of Finance has released draft legislation proposing a permanent 100% immediate Capital Cost Allowance (CCA) deduction for eligible productive assets acquired on or after September 15, 2026. Designed to accelerate business investment, this new write-off applies to machinery, software, greenhouses, Canadian-assembled fleet vehicles, and oilfield equipment, while excluding buildings and goodwill. For Alberta business owners, this policy offers substantial tax savings at both the 11% small…

| Read More

Search

Tag Search

money tax planning succession software review Investment retirement cpp oas finance savings GST small business goals year-end new-year landlord rent interest law budget cash flow financial literacy rrsp tfsa tax planning #GST #rebate #homebuilder #construction RESP family #budget #summer #vacation #cash flow cash flow nonresident taxtips deduction business education payroll employee CRA source deductions engagement assurance accounting rebate corporation holiday executor will estate trade tariffs cross border tax season taxes self-employed proprietor penalties finances US Tax Snowbird Farm Kate Vacation Property Rental Real Estate Capital Gains crypto cryptocurrency Disclosure unreported donation charity RRIF paper filing personal tax trust checklist medical UHT housing deadline agriculture AI grant start up security credit cgeb sale exit audit record keeping asset legislation foreign property

Trusted for over 100 years...

"In my 50+ years of farming I have worked with several different accountants. I rank Seamas number 1."

"What I can say, is that I'm so happy with their services/pricing ect...that I have no desire to try anywhere else!"

"They are very prompt with their work and responses, easy to get ahold of, and always make us feel at ease."

"The team at JMH & Co. have looked after our accounting needs (both personally and for our businesses) for the last 15 years, and have consistently given us exceptional service. The service at JMH is outstanding. Above and beyond any other firm."

"Always so well cared for by the team at JMH and I love how much they support small business and new entrepreneurs. They are fantastic Ambassadors for business."

"JMH & Co has been my personal, business & my family's accountant for over 26 years. I have seen many changes in tax laws with both personal and business, and with each change JMH & Co was there to assist. The knowledge and advice they have given me throughout the years have assisted in many ways."

"They have yet to disappoint. Fees are fair. Explanations are clear. Service is exceptional."

"JMH & Co. have been our family and company accountants for the past 25 years. I have always appreciated the professional and excellent service I’ve received from them."

"Excellent service, friendly and passionate staff. Highly recommend JMH for any Accountant services."

"JMH & Co. have been our go-to choice for years now."