Canada’s New Business Tax Deduction 2026: What Businesses Should Know

warehouse with hightech equipment in Canada

September 15, 2026 The federal government has announced a proposed Productivity Mega Deduction, which would expand the types of business assets eligible for a full first-year tax deduction. Announced by Prime Minister Mark Carney at the Canada Investment Summit in Toronto, the proposal builds on measures introduced in Budget 2025. The government says it would … Read more

New Ontario Alcohol Sales: Ontario Accelerates Alcohol Sales Expansion to Corner Stores and Supermarkets

Ontario Premier Doug Ford has announced a new deal to accelerate the plan for selling beer, wine, and ready-to-drink cocktails in corner stores and additional supermarkets, set to start on September 4, 2024. This move, 16 months ahead of the original timeline, will cost the province up to $225 million to compensate The Beer Store, … Read more