Canada's New 'Productivity Mega Deduction' Aims to Outpace Trump Tax Cuts
Canada expands its capital-investment tax deduction to cover 65% of spending, aiming to attract $1 trillion and boost competitiveness.
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Why It Matters
Canada is giving big tax breaks to companies that spend money on new equipment. This might help Canadian businesses compete and could make their stock market more attractive.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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