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

Mark Carney promotes business investment at Toronto summit

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

He took the opportunity to announce a new Productivity Mega Deduction. The deduction is a tax measure designed to make Canada the best positioned G7 country for corporate investment. Officials called it a major breakthrough.

Carney also made clear that visa rules will be talked through with the European Union. Police brought charges after a protest action at the summit.

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