"The government announced a major tax reform at the Canada Investment Summit that will allow businesses to write off investments. 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. The program is an expansion of the government's earlier productivity super-deduction outlined in last year's budget..." (Hughes, 2026)
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Hughes, Abby (September 15th) Carney government introduces mega-deduction tax measure to spur more investment. Available from CBC News: https://www.cbc.ca/news/business/carney-tax-mega-deduction-9.7344017
Published on September 17, 2026