The Accelerated Investment Incentive
June 27, 2019
Do you have an upcoming automation focused capital expenditure? Call AMC to find out how they can be your partner in developing a solution. Better still why not also take advantage of the latest government program detailed in the 2018 Fall Economic Statement?
For example. the Canadian Government highlighted initiatives for organizations to expense 100% Expensing for Manufacturing and Processing Machinery and Equipment. The Government proposes to provide an enhanced first-year allowance for such property if it is acquired after November 20, 2018 and become available for use before 2028. The enhanced allowance will initially provide a 100-per-cent deduction, with a phase-out for property that becomes available for use after 2023.
For more information, visit HERE.
