Extension of Accelerated Capital Cost Allowance (ACCA) Provides Tax Relief for Manufacturers
The recent federal budget of 2013 highlighted several initiatives aimed at strengthening the competitiveness of the manufacturing sector. New sources of Canadian business funding and renewal of previous initiatives provides extra incentives for manufacturers to advance their business to the next level. One initiative that is especially beneficial for manufacturers is the renewal of the […]
Expected Measures to be Delivered in 2013 Federal Budget Tomorrow
In regards to government funding programs, the following measures are expected to be announced tomorrow by Finance Minister Jim Flaherty, as part of the 2013 federal budget: Several hundred million dollars in annual funding for companies to train workers in skilled trades. Extension of a $1 billion tax break for manufacturers to encourage them to […]