Canada introduces new Productivity Mega Deduction for new business investment

contact capital hill for a helping hand

Today, at the first Canada Investment Summit, Prime Minister Carney announced that the new Productivity Mega Deduction. This new tax incentive will increase the amount of assets covered from roughly 15% of assets to more than 65%, including fibre-optic cable, mining property, oil and gas pipelines, software, research and development, computer equipment, aircraft and vehicles, patents, rail track, bridges, and roads.

How can we help support your Organization working with Government?

Looking to work or sell to the government? Or want to stay up-to-date with all of the constant changes in government?

Let's find time to chat and see if we can help you reach your goals.

This website uses cookies to ensure you get the best experience on our website visit.