This is a straight 100% depreciation right up front. For a $2 billion investment, you're looking at about half, $1 billion of that, the year it comes in.
On October 24th, 2016. See this statement in context.
On October 24th, 2016. See this statement in context.
October 24th, 2016 / 4:25 p.m.
President and Chief Executive Officer, Chemistry Industry Association of Canada
This is a straight 100% depreciation right up front. For a $2 billion investment, you're looking at about half, $1 billion of that, the year it comes in.
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