"Extending 100% immediate depreciation to Canada's transportation and warehousing sector could generate nearly C$900 million in annual gross domestic product (GDP) and attract nearly C$600 million in additional private-sector investment each year, according to a new economic analysis commissioned by the Railway Association of Canada (RAC). The indemendent analysis, which was released on Sept. 1, prepared by Giroux Strategies and led by former Parliamentary Budget Officer Yves Giroux, examines the potential economic impact of extending immediate depreciation to the transportation and warehouse sector..." (Worrell, 2026)
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Worrell, Carolina (September 1st) RAC Study FInds Immediate Depreciation Could Boost Canadian Rail Investment and GDP. Available from Railway Age: https://www.railwayage.com/news/rac-study-finds-immediate-depreciation-could-boost-canadian-rail-investment-and-gdp/