CCA Updates
SR&ED Tax Credit Claims Infographic
Via Alberta Construction Association Our friends at INNVENNT have put together a new SR&ED tax credit claims infographic to help businesses try to manage their way around qualifying expenditure in sustainable construction. Something which continues to be a new and growing source for construction. You can find out information around digital modelling, sustainable drainage, LEED certified projects, cross laminated timber, and a number of other details. Also you can find out if you can claim any of these as part of the tax credit. To view the infographic click here To find out if you qualify click here
Public-private partnership looks to make Deerfoot Trail better, faster
Via 660 News By Josh Ritchie (PHOTO: Tom Ross – 660 NEWS) CALGARY — A public-private partnership is expected to help provide some big improvements to Alberta’s most popular road. “Deerfoot Trail is Alberta’s busiest road and Calgarians know it’s congested and needs improvement,” said Transportation Minister Ric McIver. “Alberta’s P3 model means we double the taxpayer’s investment with private money, to upgrade twice as many bridges and intersections. Improving Deerfoot Trail creates good-paying jobs and boosts our growth in the future.” The Alberta government has committed $210 million to the construction for the improvements, with the hopes that almost...
Congratulations to Canada’s 2021 Best Managed Companies- Platinum Members!
Deloitte Canada has announced their 2021 platinum club of Canada’s Best employers! Platinum Club members have maintained their Best Managed status for seven years or more. At CCA we have always been fortunate to have so many great member organizations from our great industry as part of our community. CCA wishes to congratulate the following companies who have received recognition for their amazing achievements. Even more amazing considering all we have had to overcome in the past year or more. This is a tribute to the effort, the professionalism and commitment that they have and also to the incredible people...
Notice of Planned Procurement Water Resources Project List April to June 2021
The City of Calgary has posted a Notice of Planned Procurement on Merx for a number of Water Resource projects related to stormwater construction. Notice of Proposed Procurement 21-022 In particular, there are a number of projects related to Municipal Stimulus Projects funded by the Province, with a deadline to spend this money by end of 2021. Links to City websites with more information on these projects can be found here: Northwest Inner City Community Drainage Improvement Projects (calgary.ca) Tuxedo community drainage improvements (calgary.ca)
Tax measures included in the 2021 Budget
On April 19, 2021, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, delivered the 2021 Federal Budget: A Recovery Plan for Jobs, Growth, and Resilience – the first Federal Budget since 2019. There were a significant number of tax measures included in the 2021 Budget, with four items particularly relevant for businesses in Canada’s real estate and construction industry. Immediate Deduction Budget 2021 proposes to provide immediate deductions in respect of certain “eligible property” acquired by a Canadian-Controlled Private Corporation (CCPC). This immediate deduction will be available for eligible property acquired on or after April 19, 2021 and...
ARCA Leads the Way for Alberta Roofers
via Business in Calgary Construction is a competitive market, and there can be fierce competition between trade contractors to get projects. Roofing is no different. But 60 years ago, a visionary group of Edmonton and Calgary roofing contractors put that all aside and came together with the goal of improving their industry. With the establishment of the Alberta Roofing Contractors Association (ARCA) in 1961, these contractors sought to support and advance the roofing industry in Alberta through a system of high standards and education. “The strength of the ARCA is that the foundation that the original members set, the vision...