Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 20 JULY 2009

Federal Budget Contains Initiatives For The Information And Communications Technologies (ICT) Sector

McCarthy Tétrault
McCarthy Tétrault
Contributor
McCarthy Tétrault

McCarthy Tétrault

Built on a unique model of collaboration, innovation and efficiency, McCarthy Tétrault delivers...

View firm profile
Explore more from McCarthy Tétrault

In recognition of the role that ICT can play in improving Canada’s productivity, the Conservative Government’s 2009 federal budget (Budget 2009) includes several investment initiatives geared to the ICT sector.

CanadaMedia, Telecoms, IT, Entertainment
Hank Intven
Hank Intven
MichèLe Lefaivre
MichèLe Lefaivre
Patrick McCay
Patrick McCay
Lorne Salzman
Lorne Salzman
Author LinkedIn connections

In recognition of the role that ICT can play in improving Canada's productivity, the Conservative Government's 2009 federal budget (Budget 2009) includes several investment initiatives geared to the ICT sector. These include commitments to modernize electronic health records and develop broadband infrastructure in unserved Canadian communities. Budget 2009 also provides additional funding for innovation and Canadian media content, permits faster depreciation of hardware and software and decreases the general federal corporate income tax rate.

Enhanced Write-Off For Computer Hardware And System Software

Budget 2009 will increase the capital cost allowance (CCA) rate for computer hardware and systems software acquired between January 27, 2009 and February 1, 2011 from 50 per cent to 100 per cent. To be eligible for the accelerated CCA, the computer equipment and systems software must:

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Driverless Taxis Set To Hit The Streets Of Toronto

Waymo's autonomous robotaxis are coming to Toronto by 2028, marking the company's first international expansion. As driverless vehicles prepare to navigate Canadian winters and city streets, questions emerge about safety records, insurance liability, regulatory frameworks, and how self-driving technology will adapt to snow, ice, and complex urban conditions that differ dramatically from their Arizona origins.
CanadaMedia, Telecoms, IT, Entertainment
Gluckstein Lawyers
Gluckstein Lawyers
Article

Fall Forecast: What To Watch In Canada’s Communications Sector

Canada's broadcasting, telecommunications, and satellite industries face significant regulatory changes this fall as Parliament advances key legislation. From the CRTC's implementation of the Online Streaming Act amid U.S. trade tensions to new lawful access requirements for service providers and the establishment of Canada's first space launch framework, these developments will reshape operational requirements across the communications sector.
CanadaMedia, Telecoms, IT, Entertainment
Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
Article

Gloves Off: Canada Answers U.S. Section 338 Tariffs Dollar-for-Dollar As Washington Escalates With Import Bans

Canada and the United States have entered a new phase of trade conflict, with Canada implementing retaliatory surtaxes on C$27.6 billion of U.S. goods while the United States escalates beyond tariffs to outright import prohibitions on Canadian alcohol, dairy products, and motorcycles. The dispute now extends into government procurement policy, raising questions about compliance strategies and supply chain restructuring as both nations tighten customs enforcement.
CanadaInternational Law
McCarthy Tétrault
McCarthy Tétrault
Article

Federal Government Removes Certain Energy Projects From The Impact Assessment Act Project List

The Canadian government has removed seven types of energy projects from federal impact assessment requirements, shifting review responsibilities to the Canada Energy Regulator and provincial processes. This regulatory change affects pipelines, electrical transmission lines, oil sands facilities, and power plants, fundamentally altering how major energy infrastructure projects will be evaluated and approved across Canada.
CanadaEnvironment
McCarthy Tétrault
McCarthy Tétrault
Article

Canada Commits To Airport Privatization Through Long-Term Concessions For Its Four Largest Airports

The Canadian federal government has announced a firm commitment to privatize operations at the country's four largest airports through long-term concessions, marking a decisive shift from earlier exploratory discussions. Prime Minister Mark Carney revealed that while the government will retain ownership of airport lands and assets following the Australian leased-airport model, private investment will be sought to operate Toronto Pearson, Vancouver, Montreal-Trudeau, and Calgary international airports.
CanadaTransport
McCarthy Tétrault
McCarthy Tétrault
Article

Productivity Mega Deduction: Key Tax Measures Announced At The Canada Investment Summit

Canada has introduced a permanent Productivity Mega Deduction allowing immediate expensing of up to 100% of eligible capital property costs and Canadian development expenses acquired after September 15, 2026. This measure aims to boost business investment and strengthen Canada's tax competitiveness by expanding immediate expensing eligibility from 15% to approximately two-thirds of capital investments, while reducing the country's marginal effective tax rate to 6.4%.
CanadaTax
McCarthy Tétrault
McCarthy Tétrault
Article

Foreign Investment Law & National Security: Doing Business In Canada 2026

Canada's foreign investment review regime under the Investment Canada Act establishes two distinct processes: a net benefit review for investments exceeding prescribed financial thresholds, and a national security review applicable to any investment involving Canadian operations. Understanding these mechanisms is critical for global investors seeking to navigate mandatory approvals, timing considerations, and potential conditions or prohibitions.
CanadaInternational Law
McCarthy Tétrault
McCarthy Tétrault