Canada Secures Global Investment Edge: The "Productivity Mega Deduction" and the Permanence of Full Expensing
OTTAWA — In a major policy shift aimed at cementing the nation’s status as a premier destination for corporate investment, the Government of Canada has officially announced the permanent adoption of full expensing for machinery, equipment, and patent rights. Unveiled on September 15 by Minister of Finance and National Revenue François-Philippe Champagne, the initiative—dubbed the…
