Canada Investment Summit live: Ottawa expands tax break in 'game changer for investment' - Financial Post

Canada Investment Summit starts with major tax incentive

Prime Minister Mark Carney kicked off the Canada Investment Summit in Toronto on Tuesday.

He took the opportunity to announce a brand new Productivity Mega Deduction. The deduction is a tax measure meant to make Canada the most attractive G7 country for capital investment. Officials called it a major breakthrough.

Carney also told the summit that visa rules will be talked through with the European Union. Police brought charges after a protest action at the summit.

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