The Regulations that accompany the Canadian Income Tax Act require that capital cost allowance (CCA)be calculated generally on a declining balance of each single depreciable asset.

Name: The Regulations that accompany the Canadian Income Tax Act require that capital cost allowance (CCA)be calculated generally on a declining balance of each single depreciable asset.
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CCA is calculated on a pool basis for groups of assets within the same class, not on each single depreciable asset.

The Regulations That Accompany the Canadian Income Tax Act Require