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

Latest News About Carney unveils Productivity Mega Deduction at Toronto summit

Prime Minister Mark Carney officially opened the Canada Investment Summit in Toronto on Tuesday.

He took the opportunity to unveil a new Productivity Mega Deduction. The deduction is a tax incentive intended to make Canada the best positioned G7 country for business investment. Officials branded it a major breakthrough.

Carney also let on that rules around visas will be talked through with the European Union. Police brought charges after a protest action at the summit.

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