'Moment we've been waiting for': Biz groups cheer Ottawa's tax deduction expansion
The federal government is expanding a tax incentive to cover a broader array of assets as it aims to drive $1 trillion of new investment in a move roundly applauded by business groups. Prime Minister Mark Carney announced the "productivity mega deduction" during the Canada Investment Summit underway in Toronto. It builds on a measure introduced in budget 2025. In...