Canada Cements Its Global Competitiveness: Ottawa Permanently Enacts the "Productivity Mega Deduction" to Supercharge Business Investment
OTTAWA — In a major policy shift designed to secure Canada’s economic standing as a premier destination for corporate investment, Minister of Finance and National Revenue François-Philippe Champagne announced on September 15, 2026, that the federal government will permanently enshrine full tax expensing for machinery, equipment, and patent rights. Dubbed the "Productivity Mega Deduction," this…
