Friday, May 17, 2024 
Friday, May 17, 2024
May 27, 2021
Please register for SBC: Capital Cost Allowance for Energy Conservation on June 21, 2021 10:00 AM – 12:00 PM EDT at: http://bit.ly/SBC-Webinar-Jun21
Sustainable Buildings Canada invites you to the latest in our recurring series of webinars highlighting products that will help reduce energy and water consumption, and greenhouse gas emissions. This webinar discusses a topic that influences the adoption of many sustainable technologies – the Capital Cost Allowance, or CCA.
The Government of Canada provides an accelerated CCA rate for Class 43.1 and 43.2 properties as an incentive to encourage businesses to invest in specified clean energy generation and energy conservation equipment. Businesses can take advantage of Classes 43.1 and 43.2 Accelerated Capital Cost Allowances exception to the general practice of setting CCA rates based on the useful life of assets and allows businesses to reduce their taxable income in the early years of an asset’s operation by claiming a larger than usual depreciation.
Under the CCA regime, classes 43.1 and 43.2 of Schedule II to the Income Tax Regulations provide accelerated CCA rates (30 percent and 50 percent, respectively, on a declining-balance basis) for investments in specified clean energy generation and energy conservation equipment. Join us for an overview session, led by Anjali Varma of Sustainable Ventures Inc., to learn the basics and work through working examples.
About
Sustainable Buildings Canada (SBC) was established in 2002 as a not-for-profit, non-share, capital corporation. Leveraging the expertise of our hands-on members as practitioners as well as our industry network, SBC delivers a number of core activities which include education, training, research, and program services to utility, government, and agencies. Supported by a Board representing sector stakeholders, SBC seeks to enhance the energy and environmental performance of the built environment independent from the alignment with rating systems or related assessment tools.
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