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What is the maximum CCA for a class 8 asset purchased by a sole proprietor (12/31 year-end) for $100,000 on November 1, 2018? What is

  1. What is the maximum CCA for a class 8 asset purchased by a sole proprietor (12/31 year-end) for $100,000 on November 1, 2018? What is the maximum CCA over the life of this asset if the asset is used for many years and removed at no cost and without proceeds to the business?
  2. What is the maximum CCA for a class 8 asset purchased by a sole proprietor (12/31 year-end) for $100,000 on November 22, 2018? What is the maximum CCA over the life of this asset if the asset is used for many years and removed at no cost and without proceeds to the business?

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