National Capital Region (Canada) National Capital Region (Canada) The National Capital Region (), also referred to as Canada's Capital Region and Ottawa–Gatineau (formerly "Ottawa–Hull"), is an official federal designation for the Canadian capital of Ottawa, Ontario, the neighbouring city of Gatineau, Quebec, and surrounding urban and rural communities. The term National Capital Region is often used to describe the Ottawa–Gatineau metropolitan area, although the official boundaries of the NCR do not precisely correspond to the statistical metropolitan area. Unlike capital districts in some other federal countries, such as the District of Columbia in the United States or the Australian Capital Territory in Australia, the
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