Canada to offer accelerated capital write-offs to attract investment
Canada is implementing a tax change for accelerated write-off of capital equipment aimed at attracting about $1 trillion of new investment, aligned with Prime Minister Mark Carney’s goal. Lobbying groups for Canadian companies reportedly applauded the move.
Canada is implementing a tax change tied to accelerated write-offs of capital equipment as it seeks to move toward Prime Minister Mark Carney's goal of attracting nearly $1 trillion of new investment. Lobbying groups for Canadian companies praised the move.