The Capital Cost Allowance system uses a ________ depreciation rate to calculate the depreciation allowance for capital assets.

Name: The Capital Cost Allowance system uses a ________ depreciation rate to calculate the depreciation allowance for capital assets.
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The Capital Cost Allowance system in Canada uses a declining-balance method to calculate depreciation on capital assets, allowing for a larger depreciation expense in the earlier years of an asset's life.

The Capital Cost Allowance System Uses a ________ Depreciation Rate