Budget 2008    Old Chestnut Becomes a Small Centrepiece    Budget 2008 - Business Measures    Budget 2008 – Measures for Charities    Budget Flaherty : un budget prudent Old Chestnut Becomes a Small Centrepiece - Arthur Drache Within minutes of the delivery of the federal Budget, Stephane Dion took the issue of an election off the table. This was a prudent move (to use the much overworked adjective that the Tories have been using for weeks) because the offering could not have generated passion in any political breast. More... Budget 2008 - Business Measures - Charles Rotenberg In a Budget that has little to be excited about – either positively or negatively - there are a few business measures to be mentioned: Accelerated depreciation for manufacturing and processing equipment The capital cost allowance (CCA) system determines how much of the cost of a capital asset a business may deduct each year for tax purposes. Generally, CCA rates are designed so that the deduction for capital costs is spread over the useful life of the asset. This system is similar to the accounting treatment of depreciation of assets. However, the CCA system is also used to promote or discourage certain types of investments. More... Budget 2008 – Measures for Charities - Adam Aptowitzer Given that the 2006 and 2007 Conservative budgets had major implications for charities in Canada it is perhaps not surprising that the 2008 budget was rather muted in this respect (as in many others). Nevertheless, the Conservative government did take the opportunity to clean up some of the unforeseen problems associated with the charity initiatives in the first two budgets. More... Budget Flaherty : un budget prudent - Sebastien Desmarais Le Ministre Flaherty vient de déposer le troisième budget du gouvernement conservateur et comme plusieurs s’y attendaient, c’est un budget prudent qui a été délivré aux contribuables. Le contexte actuel obligeait le Ministre Flaherty à demeurer prudent en faisant preuve d’une gestion fiscale responsable et donc, la population ne pouvait s’attendre à de grandes dépenses fiscales. More... You are receiving this e-mail because you have subscribed to one of our Drache LLP newsletters. You have complete control to review, update your newsletter options or unsubscribe at your discretion. If this email was forwarded to you, we invite you to subscribe to this newsletter or others that appeal to you. Your subscription information is private, please feel free to review our privacy policy. © Drache LLP Barristers & Solicitors, 222 Somerset St. W., 2nd Floor, Ottawa, Ontario K2P 2G3 Phone: (613) 233-2675 Facsimile: (613) 233-6752 Email: crotenberg@drache.com