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Government of Canada highlights new Productivity Mega Deduction to spur investment and jobs.

On 2026-10-09, Government of Canada highlighted the Productivity Mega Deduction, expanding immediate expensing to more than 65% of assets for businesses.

IRCNews desk Updated October 13, 2026 1 min read

On 2026-10-09, Government of Canada highlighted the Productivity Mega Deduction, expanding immediate expensing to more than 65% of assets for businesses.

Canada’s new Productivity Mega Deduction lowers the cost of investing, encouraging firms to expand and create jobs—affecting employers, workers, students and newcomers, and supporting families in communities across Canada.

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