{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"ICBA Coffee & Construction","title":"C&C #32: The MEGA Deduction Arrives","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/a7ae568a\"></iframe>","width":"100%","height":180,"duration":725,"description":"For every dollar per worker an American business puts into machinery and equipment, a Canadian company puts in 32 cents. That's the whole Canadian productivity story in one number — and this week Ottawa finally went after it. The new Productivity Mega Deduction lets you write off the whole machine the year it goes to work instead of a spoonful a year for a decade. It applies to anything acquired on or after September 15. That's yesterday.\n \nEpisode 32 of ICBA Coffee & Construction — the news that matters to the people who build British Columbia and Alberta, with ICBA's Jordan Bateman. On today's show:\n \n☕ THE BIG ONE: The Productivity Mega Deduction, explained properly. What capital cost allowance actually costs you, why the TIMING of a writeoff is the whole game, what's covered and what isn't — and the number nobody else is quoting: construction's effective tax rate on new investment drops from 18.3% to 13%, against 22.2% in the United States. We were four points ahead of the Americans. We're now nine.\n \n💸 Nearly $500 BILLION pledged at the Canada Investment Summit — a $50-billion Maple Fund, $150 billion from TD, $100 billion-plus from Scotiabank. Nobody signs a pipeline at a conference. Here's what those pledges actually are, and why Chris Gardner's \"faster, cheaper, smarter\" is the next step.\n \n🚧 613 JOBS IN WELLS. Osisko Gold's board gives the formal green light to build Cariboo Gold — $990 million, a 30-month build, first gold in early 2029. Eleven years from the first drill to a construction decision. That's the good news and the problem in one project.\n \n🌉 Ottawa puts YVR and Calgary International in play — long-term private concessions on the two front doors for western Canadian trade.\n \n📉 July building permits land the same morning: down 17.3% in a month, to $12.2 billion. Pledges are next year's work. Permits are this year's.\n \n🗳️ Calgary-Shaw flips by 582 VOTES in a seat the UCP has held since 2019. A vote split, or the October 19 referendum? And what...","thumbnail_url":"https://img.transistorcdn.com/cbYnPby-34WwINekPZoHv9aYI0-XpmtKJrtNbyowe78/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81NThm/ZGE3NTk0NmVmNTFj/MjNjZmIwOGRjM2Vm/YzMwOC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}