B.C. Budget: Summary of Tax Measures February 17, 2026 The Government of British Columbia released its 2026 Budget on February 17, 2026, with several significant tax measures that will affect both individuals and businesses across the province. Below is a clear summary of the most important changes...

November 4, 2025   The Minister of Finance, François-Philippe Champagne, delivered the 2025 Budget (the “Budget”) this afternoon. Highlights of the tax measures announced in the Budget are summarized below.   Business Income Tax Immediate Expensing of CCA on Eligible M&P Buildings Buildings and additions/renovations to buildings that are used 90%...

Budget 2021 allowed the immediate expensing of certain property acquired by Canada Controlled Private Corporations (CCPCs). Eligible property would include property that is subject to the capital cost allowance (CCA) rules, other than Class 1 to 6, 14.1, 17, 47, 49, and 51 (generally long-lived...