CCA Classes

Question 1

Class 3

Answer 1

Buildings acquired prior to 1988
- 5% declining balance

Question 2

Class 1

Answer 2

Buildings acquired after 1987:
- 4% declining balance

Non-residential buildings after March 2007
- (4+2)% declining balance
- separate class

Manufacturing Buildings after March 2007
- (4+6)% declining balance
- separate class

Question 3

Class 13

Answer 3

Leasehold improvements
- Straight-line over 5 years

Question 4

Class 8

Answer 4

Furniture, fixtures and office equipment
- 20% declining balance

Question 5

Class 17

Answer 5

Roads, Sidewalks, Parking Areas
- 8% declining balance

Question 6

Class 43

Answer 6

Electric Car Charging Areas
- 30% declining balance

Question 7

Class 12

Answer 7

Tools < $500 before tax
- 100%
- no AII

Question 8

Class 53

Answer 8

Manufacturing and Processing Equipment
- 50% declining balance
- Can deduct 100% net additions during AII

Question 9

Class 44

Answer 9

Patents acquired after 1993
- 25% declining balance

Question 10

Class 45

Answer 10

Computer hardware between 2004 and 2007
- 45% declining balance

Question 11

Class 50

Answer 11

Computer Hardware
- 55% declining balance

Question 12

Class 10.1

Answer 12

Automobiles over $34,000 before tax
- 30% declining balance
- separate class

Question 13

Class 14

Answer 13

Patents, franchises, or licenses with useful lives
- straight-line over legal life
- pro-rated on acquisition

Question 14

Class 10

Answer 14

Automobiles up to $34,000 before tax
- 30% declining balance

Question 15

Class 14.1

Answer 15

Intangible assets not included in class 14 and class 44. Includes incorporation costs in excess of $3000
- 5% declining balance