Minister Metlege Diab to highlight new Productivity Mega Deduction that will help businesses invest, grow, and create jobs in Canada

Date issued: 2026-10-08

– What Changed
– The Canadian government has introduced a new Productivity Mega Deduction aimed at enhancing the business tax system, making Canada more competitive for new business investments.

– Who is affected
– This change will primarily benefit employers and businesses looking to invest, grow, and create jobs in Canada.

– Key dates
– A media availability will take place on Friday, October 9, 2026, at 1 p.m. Atlantic Time.

– Required actions
– Media members must RSVP for the event by emailing their details to IRCC.Info-Info.IRCC@cic.gc.ca by October 8, 2026, at 5:00 p.m. AT.

Read the official source


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