|Policy Type:||Economic Instruments>Fiscal/financial incentives>Grants and subsidies|
|Policy Target:||Transport>Freight, Energy Sector>Distribution/Storage, Energy Sector>Electricity Generation, Industry|
The Capital Cost Allowance (CCA) system was adjusted to encourage investment in energy efficient equipment. Proposed changes include: an increase in the CCA rate for certain railway assets from 10 to 15 per cent; an extension of the separate class election to include manufacturing and processing equipment; and an increase in the CCA rates from 4 per cent to 8 per cent for electrical generating equipment (other than buildings and other structures), and for production and distribution equipment (other than buildings and other structures) of water or heat.
|This record is superseded by:||Extending Tax Incentives for Renewable and Alternative Energy|
Last modified: Thu, 14 Mar 2013 16:49:10 CET