Category 3 – 12.5% (declining-balance) or 6.25%
(straight-line) on assets with a beneficial life of 16
years. Examples of assets in this category are machines
for general mining other than in the oil and gas sector,
machines for the textile, timber, chemical and machinery
industries, heavy equipment, docks and vessels for
transportation and communication, and other assets not
included in the other categories.
Category 4 – 10% (declining-balance) or 5% (straight-
line) on assets with a beneficial life of twenty years.
Examples of assets in this category are heavy construction
machinery, locomotives, railway coaches, heavy vessels,
and docks.