Among its asks of the federal government in its pre-budget submission, the Canadian Trucking Alliance (CTA) is calling for the feds to implement a full expensing policy for capital investments.

This follows the recent passage of legislation in the U.S. – as part of its Big Beautiful Bill — enshrining 100% bonus depreciation for qualifying assets, including trucks, trailers, and logistics technology.

This allows U.S. fleets to fully deduct the cost of capital investments in the year they are made, the CTA says, improving their cash flow and reinvestment incentives and giving U.S. carriers a significant advantage over their Canadian competitors.

“This is more than a tax policy issue. It’s about economic competitiveness, environmental progress, and strengthening our supply chain,” said Stephen Laskowski, president and CEO of CTA in a news release. “Without a comparable measure in Canada, our fleets are operating at a disadvantage.”

Failing to act, CTA contends, requires Canadian carriers to face higher capital costs, slower equipment turnover, and reduced ability to invest in cleaner, safety and more efficient equipment.

Such a move would not eliminate taxes paid on equipment, but simply defer them, allowing up to 100% depreciation in the first year.

“Canada’s trucking industry is the backbone of our national supply chain,” Laskowski said. “Policies like permanent full expensing are essential to supporting its sustainability in an increasingly competitive and fast-evolving market.”

You can find more on CTA’s pre-budget recommendations here.