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ELVAAN Equipment Solutions, Formerly Jade Equipment Company Ltd, to Offer DEVELON Products in Central Ontario and Alberta Regions

(SUWANEE, Ga. – February 2024) ELVAAN Equipment Solutions, formerly Jade Equipment Company Ltd, is pleased to offer a full line of DEVELON heavy and compact construction equipment.

With the addition of these two locations, ELVAAN Equipment Solutions is carrying on Jade Equipment’s 35-year legacy while reaching new markets — construction, utility, municipality, and mining sectors — with DEVELON equipment in Canada.

Suman Mukherjee, President and CEO of ELVAAN Equipment Solutions, says there were three core factors that led ELVAAN Equipment Solutions to add the DEVELON product line to their Alberta and Central Ontario dealerships.

“There’s a long history of providing exceptional customer service to road machinery, compact and heavy equipment customers in these two markets,” Mukherjee says. “Another factor is we have a team of highly experienced professionals serving all functions at the Alberta and Central Ontario dealerships, including sales, rental, service, parts and training. Lastly, ELVAAN Equipment Solutions has been an established DEVELON dealer in the Greater Toronto area for over a year now. Our company’s success with DEVELON has given us the confidence to expand into new territories.”

ELVAAN Equipment Solutions has grown rapidly over the last few years, offering innovative new solutions to its customers across Canada.

“Our company is one of the fastest growing DEVELON dealers in North America and the largest DEVELON dealer in terms of geographic reach in Canada,” Mukherjee says. “Customers come to us due to our reputation as a trusted partner. We offer exceptional value: a lower price than some of our other competitors. And speed of service: Our response rate is one of the best in the industry. We are a
total solutions provider for all our customers’ equipment needs.”

ELVAAN Equipment Solutions offers the full line of DEVELON equipment — log loaders, wheel loaders, articulated dump trucks, dozers, and crawler, wheel and mini excavators. All three locations will also offer compact track loaders once they are launched mid-2024.

“We are pleased to partner with ELVAAN Equipment Solutions to serve our customers in the Alberta and Central Ontario regions,” says Serge Gallant, DEVELON regional sales manager for Canada. “The dealership has a long history of specializing in construction equipment and providing exceptional customer service, parts and training to its customers. We look forward to helping them grow their
business.”

Elvaan Equipment Solutions, Alberta location
Address: 10807 209 St. NW, Edmonton, AB T5S 1Z7, Canada
Phone: 780-452-7021

Elvaan Equipment Solutions, Central Ontario location
Address: 47 Forest Plain Rd., Oro-Medonte, ON L3V 0R4, Canada
Phone: 705-325-2777

Elvaan Equipment Solutions, Mississauga Location
Address: 2355, Cawthra Road, ON L5a 2W7, Canada
Phone: 905-634-0669

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Introducing the Bill C-19 Tax Deduction

Save on Taxes with New and Used Equipment Purchases Before 31st December 2023

The Canadian government has recently launched the Bill C-19 tax deduction, providing businesses with a remarkable opportunity to save on taxes. This legislation offers tax relief to businesses impacted by the pandemic, allowing for a full tax deduction on new or used equipment purchases. Whether you’re in need of machinery or any other form of equipment, this deduction applies to all items available.

Here’s how it works: companies can now fully expense the price of new or used business equipment in the year of purchase, up to a maximum deduction of $1,500,000 for 2023. Imagine your company finances a new excavator for $100,000 in November 2023, with payments commencing in March 2024. By taking advantage of this deduction, you can declare the full amount of the machine ($100,000) as a Bill C-19 deduction. With a 26% tax rate, this equates to a net tax savings of $26,000. That’s $26,000 directly off your company’s annual tax bill, staying in your company’s bank account.

Not only do you enjoy significant tax savings, but acquiring this equipment also enhances your business operations, boosting efficiency and safety. So, by purchasing the equipment, your 2023 expenditures are now $26,000 better than they would have been without it. It’s a win-win situation!

Act fast to seize this opportunity, as the equipment must be purchased and put into service during the 2023 calendar year. With the option to “Buy Now and Pay in March 2024” and the incredible tax savings through Bill C-19, you can save $26,000 on a $100,000 unit by simply making a purchase before December 31, 2023. Don’t miss out on this chance to optimize your business and maximize your tax savings.