Policy status:Superseded
Date Effective:1999
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This record is superseded by:Extending Tax Incentives for Renewable and Alternative Energy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