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I can only assume that they are not going to be bringing it back based on the current economic climate and especially with McGuinty in power.
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Feb 6th, 2012 12:51 PM #1
Onatrio Current Cost Adjustment - OCCA
I'm not sure if this is the right place to ask this question but I wanted to know if anyone has any further news on the Ontario government's pollution equipment deduction program
according to http://www.rev.gov.on.ca/en/credit/occa/ their website the OCCA deduction is no longer available. Does anyone know if there are any updates or plans to bring this back?
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Feb 11th, 2012 11:26 PM #2Newbie
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Mar 22nd, 2012 12:06 AM #3Newbie
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OCCA rebate
I'd also like to find out more about the OCCA. I've seen government web sites call it Ontario Current Cost Allowance and also Ontario Current Cost Adjustment.
Anybody know more about this? I would think they should continue to be doing something to help business reduce pollution with a credit to companies that deserve not to go into debt for helping the environment. Reply With Quote
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Mar 22nd, 2012 08:52 AM #4
We did leave the Kyoto protocol so maybe not as urgent as it used to be.
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Mar 22nd, 2012 11:40 AM #5Newbie
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The governments are doing energy audit rebates, for homes, why not do the OCCA credit for businesses?
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Mar 22nd, 2012 12:27 PM #6
McGuinty doesn't care about businesses for one...
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Mar 22nd, 2012 01:00 PM #7Well, they did run the program for a few years - OCCA ended January 1, 2009 - so I don't think that Mcguinty really was a factor in this - the program was around during his tenure.
Originally Posted by flafson
I'm just curious if they intend on bringing it back. Reply With Quote
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Mar 22nd, 2012 03:08 PM #8
There was also in the tax code that computers would be 100% deductible for about a year.
That is gone and now computers are expensed over a 5 years period.
Don't know about you but i change my computers every 1-2 years.
That also came and left under McGuinty. Reply With Quote
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Mar 28th, 2012 04:27 AM #9Newbie
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Agreed. Change will only come if/when there is a change in government. I guess one could always lobby through their personal MP - although it always seems to me like those things rarely work. Originally Posted by flafson
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Mar 30th, 2012 05:19 PM #10Newbie
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McGuinty is a minority now, we'll see what happens over the next few years, but meanwhile, I want to see the OCCA relief fund again.
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