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Passenger Vehicle Expenses Limitations

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Maximums Threshold as prescribed by the Canada Revenue Agency (2023):


Monthly Loan Interest: $300.00


Monthly Lease Cost: $950.00

(Increase from $900 from 2022)


Capital Cost Maximum: $36,000.00

(Increase from $34,000 from 2022)


Capital Cost Maximum For Zero Emissions Vehicles: $61,000.00

(Increase from $59,000 from 2022)






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