Day: 23 September 2026

Government of Canada introduces new Productivity Mega Deduction to boost Canada’s advantage as the most competitive G7 country for new business investment

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Backgrounder To boost business investment, enhance certainty and simplicity for businesses, and strengthen Canada’s tax competitiveness, the Government of Canada proposes to implement the Productivity Mega Deduction, which will provide immediate expensing for a broad-based range of depreciable property on a permanent basis. Immediate expensing allows taxpayers to fully write off the cost of an…

Canada Employment Insurance Commission confirms 2027 Employment Insurance premium rate

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News release September 14, 2026              Gatineau, Quebec               Employment and Social Development CanadaToday, the Canada Employment Insurance Commission made available the actuarial report and its summary for the 2027 Employment Insurance (EI) premium rate. The rate for 2027 is set at $1.64 per $100…