Immediate Expensing and Tax Changes for Manufacturers with Rebecca Adrian (Ep. 39)

Planning to build, purchase, or expand a manufacturing facility? Proposed Canadian tax changes could create a meaningful opportunity for eligible businesses, but understanding the rules before making a major investment is essential.

In this episode, Frankie and Sarah are joined by Rebecca Adrian, CPA, CFP, a member of Baker Tilly’s National Tax team, to unpack proposed legislation in Bill C-31 and what it could mean for Canadian manufacturers. Together, they discuss immediate expensing for qualifying manufacturing and processing buildings, the conditions businesses must meet to remain eligible, proposed rules for suspending dividend refunds, and why proactive tax planning and audit readiness are more important than ever.

Frankie, Sarah, and Rebecca discuss: 

• How immediate expensing could help eligible Canadian manufacturers build, purchase, or expand qualifying manufacturing and processing facilities.
• What businesses need to know about eligibility requirements, including qualifying use, timing, prior deductions, and the 10-year compliance period.
• Why replacement property rules, mixed-use buildings, and recapture provisions make proactive tax planning essential before claiming the incentive.
• How proposed dividend refund suspension rules could affect corporations with passive income, tiered corporate structures, trusts, or mismatched year-ends.
• Maintaining documentation and staying audit-ready is increasingly important as CRA compliance activity continues to grow.

Connect with Frankie Loreto and Sarah Netley: 

• Courtice.BakerTilly.ca
• LinkedIn: Baker Tilly Canada
• LinkedIn: Frankie Loreto
• LinkedIn: Sarah Netley
• Call: [phone]

Connect with Rebecca Adrian:

• LinkedIn: Rebecca Adrian
• LinkedIn: Baker Tilly Canada

About our Guest: 

Rebecca Adrian is a member of Baker Tilly Canada’s National Tax team, where she specializes in interpreting complex tax legislation and helping advisors and clients navigate evolving tax rules. In this episode, Rebecca shares practical insights on Bill C-31, immediate expensing for manufacturing and processing buildings, proposed dividend refund suspension rules, and the importance of proactive tax planning and CRA audit readiness for Canadian businesses.