Posts Tagged federal budget 2011

Accelerated Capital Cost Allowance for Manufacturing and Processing Equipment

To further stimulate the manufacturing sector, the 2011 federal budget proposed to extend applicability of the 50% straight-line method (this temporary incentive was in place from March 18, 2007 to the end of 2011) to acquisitions made in 2012 and 2013. With the continued application ...

0 Comment   |   Posted in Financial Planning for Business Owners,Tax Planning November 28, 2011

Changes in Individual Pension Plans (IPPs)

The 2011 budget proposed that starting in 2012, the IPP will be required to pay out an amount equal tothe greater of the regular pension amount payable, and the minimum payment that would have beenrequired if the IPP were a RRIF once a plan member ...