National Capital Region (Canada) River. The NCC reports to Parliament through the Minister of Heritage, currently Mélanie Joly, and is governed by the National Capital Act. Its headquarters are in the Chambers Building on Elgin Street, between Queen and Sparks Streets. The NCR has numerous attractions, including world-famous festivals, national museums, famous buildings and architecture, sports and entertainment. Ottawa has some of the best examples of Gothic Revival architecture in North America. The annual music festival Bluesfest, the world-renowned winter festival Winterlude, the Canadian Tulip Festival, Capital Pride, RCMP musical ride, Gatineau Hot Air Balloon Festival, Buskers festival, the biggest Canada Day celebrations in
Capital Cost Allowance after-tax value of a capital investment is determined to be: formula_8 In cases where claims have been contested or disallowed by the Canada Revenue Agency, the Supreme Court of Canada has interpreted the Capital Cost Allowance in a fairly broad manner, allowing deductions on property which was owned for a very brief period of time, and property which is leased back to the vendor from which it originated. These decisions demonstrate the flexibility of the Capital Cost Allowance as a legal tax reduction strategy. Capital Cost Allowance Capital Cost Allowance (CCA) is the means by which Canadian businesses may claim