Depreciation is the process of reducing the value of a fixed asset. Depreciation expense is determined by the cost of the asset, the useful life, projected salvage value and the method of depreciation used. A haul truck for a mining company, for example, may have a purchase price of $1 million.
Leeds and the Thousand Islands. (Redirected from Rockport, Ontario) Leeds and the Thousand Islands is a township in the Canadian province of Ontario, located within the United Counties of Leeds and Grenville. The township is located along the St. Lawrence River, and extends north into rural hamlets and villages.
Ontario's smallest municipality by population is the Township of Cockburn Island with 0 residents, while the smallest by land area is the Village of Westport at 1.71 km 2 (0.66 sq mi). The first community to incorporate as a municipality in Ontario was Brockville in 1832.ntario is the most populous province in Canada with 12,851,821 residents as of 2011 and is third-largest in land area at approximately 909,000 km 2 (351,000 sq mi).