Finance, Taxes, Insurance
Canada Looks To Extend 100% Expensing to Aircraft
Measure would be effective Sept. 15, 2026
Challenger 300 business jet
Purchases of new or used aircraft may be included in Canada’s 100% expensing provision. © Flexjet

The Canadian government has proposed expanding its 100% expensing to eligible business aircraft acquired on or after September 15. Prime Minister Mark Carney this week unveiled a “productivity mega deduction” measure that would increase the range of assets covered under Canada’s 100% depreciation provision that was included in Budget 2025.

Initially, the 100% depreciation effort covered about 15% of assets, but under the productivity mega deduction, that is expanding to about 65%, including aircraft, along with fiber-optic cable, mining property, oil and gas pipelines, software, research and development, and computer equipment, among others.

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