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Canada Announces Productivity Mega Deduction
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Canada Announces Productivity Mega Deduction
Published by
Blakes
Date
18 September 2026
Access
Free to read
Link
www.blakes.com/insights/canada-announces-productivity-mega-deduction/
Checked
29 September 2026
Evidence for
What Canada pays is set against what it gains: the capital, a lower tax take, the permitting and First Nations fights, a build-out that is almost all raw …
US trade pressure since 2025 gave Ottawa the political cover to clear permitting and political blockages, producing permanent laws (fast-track permitting and …
The Productivity Mega Deduction would cut Canada's overall effective tax rate on new business investment from about 13% to 6.4% (US: 16.9%). It names mining …
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The forecast
Who pays
Events it documents
15 September 2026
Productivity Mega Deduction announced at the Canada Investment Summit: permanent immediate expensing covering more than 65% of business assets
Document
Legislation
Canada
16 sources