For a limited time, the Canadian government has updated its high-depreciation classes, particularly 43.1 and 43.2, to include air-source heat pumps. If you installed one or more heat pump units last year for a rental unit you may be eligible for a significant tax break.

https://laws.justice.gc.ca/eng/regulations/c.r.c.,_c._945/page-89.html#h-597000

There are also some suggestions that for 2022 & 2023 only, you can deduct the entire amount for a heat pump installation.

https://www.reminetwork.com/articles/air-source-heat-pumps-added-to-tax-break-list/#:~:text=Businesses%20that%20acquire%20qualifying%20systems,the%20first%20year%20of%20ownership.

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