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Showing posts with the label HVAC accelerated depreciation Canada Bonus depreciation Canada HVAC Accelerated CCA HVAC Clean energy HVAC tax deduction Canada HVAC tax rebate Canada

HVAC Bonus Depreciation in Canada 2025 | Accelerated CCA Explained

HVAC Bonus Depreciation in Canada 2025 | Accelerated CCA Explained So, you’re asking: “Does Canada offer bonus depreciation for HVAC systems in 2025, like the U.S. does?” Here’s the truth: Canada doesn’t have a “bonus depreciation” system like the U.S. Instead, the Canada Revenue Agency (CRA) uses the Capital Cost Allowance (CCA) system — but there are accelerated write-off options that act in a similar way. Accelerated Depreciation Options for HVAC in Canada Accelerated Investment Incentive (AII) Introduced in 2018. Allows businesses to claim up to 3x the normal first-year CCA deduction. Applies to most HVAC classes (Class 1, 8, 13, 43.1/43.2). Clean Energy Classes (43.1 / 43.2) High-efficiency HVAC, geothermal, and renewable systems may qualify. Depreciated at accelerated rates of 30% (Class 43.1) or 50% (Class 43.2). Provincial Incentives Some provinces, like Québec, Ontario, and B.C., offer additional rebates and incentives for energy-efficient...