'Moment We've Been Waiting for': Biz Groups Cheer Ottawa's Tax Deduction Expansion

Doug Ford applauds Mark Carney’s new ‘mega’ deduction despite $2-billion hit to Ontario tax revenues

A Toronto professor warns, however, that "tax reductions don't always result in the big impact you want."

Ottawa gets it on tax policy, gamechanger ‘mega deduction’ shows

Initiative will address Canada’s lagging productivity by reducing the after-tax cost of investment

Ottawa unveils $36-billion productivity mega deduction, fast-tracks tax rulings for $1-billion investments at Toronto summit

The federal government has expanded its tax incentives for business, unveiling a productivity mega deduction that will cost $36 billion over five years and fast-tracking binding advance tax rulings for investments of $1 billion or more, as Prime Minister Mark Carney courts global investors at the Canada Investment Summit in Toronto.

Businesses call PM Carney’s expansion of tax incentive ‘moment we’ve been waiting for’

The federal government is expanding a tax incentive to cover a broader array of assets as it aims to drive $1 trillion of new investment in a move roundly applauded by business groups.

‘Moment we’ve been waiting for’: Biz groups cheer Ottawa’s tax deduction expansion

The federal government is expanding a tax incentive to cover a broader array of assets as it aims to drive $1 trillion of new investment in a move roundly a

Canadian government introduces mega-deduction tax measure to spur more investment

The productivity mega-deduction will allow companies to expense the total cost of new investments across a number of sectors, including machinery, equipment, clean energy, zero-emission vehicles and more.