Whenever a government attaches the word “mega” to something, my natural instinct is to reach for the fine print.
Whenever a government attaches the word “mega” to something, my natural instinct is to reach for the fine print. Maybe that makes me cynical. Maybe I’ve simply spent too many years watching ordinary policies emerge from communications departments dressed like they’re about to headline WrestleMania. Either way, Canada now has something called the Productivity Mega Deduction , and apparently we have reached the point where tax depreciation rules require branding. Not a productivity deduction. Not an investment deduction. A Mega Deduction . I assume the next federal budget will arrive with racing stripes. To be fair, there is an actual policy underneath the oversized name, and it is significant. On September 15, 2026, the Department of Finance announced proposed changes that would permanently allow businesses to immediately expense a much broader range of capital investments. Instead of deducting the cost of qualifying equipment gradually over several years through capital cost allowance,...
