{"id":"canada-productivity-mega-deduction-2026","canonicalSlug":"canada-productivity-mega-deduction-2026","url":"https://wellficent.com/en/news/canada-productivity-mega-deduction-2026","language":"en","title":"Canada proposes permanent immediate expensing for a wider range of business investment","summary":"The proposed Productivity Mega Deduction would cover about two-thirds of capital investment and cost C$36 billion over five years.","body":["A Department of Finance Canada backgrounder dated 15 September describes a proposed Productivity Mega Deduction that would let businesses immediately deduct a broader range of depreciable property. The government says about two-thirds of investment in capital assets would qualify, compared with roughly 15% under the earlier measure.","The estimated incremental fiscal cost is C$36 billion over five years beginning in 2026–27. The proposal would apply to most eligible property acquired on or after 15 September 2026, subject to exclusions and restrictions. It is a proposed tax measure; the page says legislation and detailed rules are to follow."],"keyPoints":[],"sections":[],"text":"Canada proposes permanent immediate expensing for a wider range of business investment\n\nThe proposed Productivity Mega Deduction would cover about two-thirds of capital investment and cost C$36 billion over five years.\n\nA Department of Finance Canada backgrounder dated 15 September describes a proposed Productivity Mega Deduction that would let businesses immediately deduct a broader range of depreciable property. The government says about two-thirds of investment in capital assets would qualify, compared with roughly 15% under the earlier measure.\n\nThe estimated incremental fiscal cost is C$36 billion over five years beginning in 2026–27. The proposal would apply to most eligible property acquired on or after 15 September 2026, subject to exclusions and restrictions. It is a proposed tax measure; the page says legislation and detailed rules are to follow.","category":"fiscal","region":"world","topics":[],"eventDate":"2026-09-15","eventDateBasis":"source-event-or-period","publishedAt":"2026-10-06T00:01:40Z","modifiedAt":"2026-10-06T00:01:40Z","publicationBasis":"first-publication","preparedAt":null,"sourcePublishedAt":"2026-09-15","translatedAt":"2026-10-05T23:27:17Z","sources":[{"name":"Department of Finance Canada","url":"https://www.canada.ca/en/department-finance/news/2026/09/government-of-canada-introduces-new-productivity-mega-deduction-to-boost-canadas-advantage-as-the-most-competitive-g7-country-for-new-business-inve.html","checkedAt":"2026-10-05","publishedAt":"2026-09-15"}],"translations":{"en":"https://wellficent.com/en/news/canada-productivity-mega-deduction-2026","tr":"https://wellficent.com/tr/news/canada-productivity-mega-deduction-2026","ar":"https://wellficent.com/ar/news/canada-productivity-mega-deduction-2026","fr":"https://wellficent.com/fr/news/canada-productivity-mega-deduction-2026","es":"https://wellficent.com/es/news/canada-productivity-mega-deduction-2026","ru":"https://wellficent.com/ru/news/canada-productivity-mega-deduction-2026","pt":"https://wellficent.com/pt/news/canada-productivity-mega-deduction-2026"},"corrections":[],"locations":[]}