Operations
Can I write off Start-up Costs in Canada?
VARIES
Explanation
Expenses incurred *before* the business officially starts are generally not deductible as current expenses. They may be eligible to be capitalized as 'Intangible Assets' (Class 14.1) or added to the cost of your first inventory.
💡 Pro Tip
Keep every receipt from your pre-launch phase. Even if you can't deduct them all immediately, they form the 'cost base' of your business.