Published 2 hours ago • loading... • Updated 2 hours ago
Ottawa offers faster access to tax rulings as Carney kicks off investment summit
Investors committing $1 billion or more to Canada's economy receive priority access to the Advance Income Tax Rulings program, which provides binding decisions from the Canada Revenue Agency on income tax law application before investment.
The new tax ruling policy aims to reduce risks and boost investor confidence for major projects.
Prime Minister Mark Carney hosted Canada's first investment summit in Toronto, attended by hundreds of executives and global asset managers.
The investment summit featured presentations from government officials and began with a private gala dinner.