OTTAWA – The Chemistry Industry Association of Canada (CIAC) was encouraged by the 2013 Ontario budget, released yesterday. The budget held the corporate tax rate for manufacturing at 10 per cent, and extended the accelerated capital cost allowance by two years, allowing manufacturers to write off the cost of new machinery and equipment more quickly.

OTTAWA – The Chemistry Industry Association of Canada (CIAC) was pleased by the federal government’s two-year extension of the Accelerated Capital Cost Allowance (ACCA), announced today in the 2013-2014 federal budget.

OTTAWA – The Chemistry Industry Association of Canada (CIAC) appeared before the Standing Committee on Transport, Infrastructure and Communities today, to recommend key amendments to Bill C-52, the Fair Rail Freight Service bill.

OTTAWA – Canada’s chemistry sector is projecting strong investment growth for 2013, according to the 2012 Year-End Survey of Business Conditions, released today by the Chemistry Industry Association of Canada (CIAC).

OTTAWA – Canada’s chemistry industry is pleased by the introduction of the Fair Rail Freight Service bill today – legislation that will provide greater balance to commercial negotiations between shippers and Canadian railways, and will ultimately improve rail performance.