{"id":"kickstarting-canada-s-investment-supercycle-productivity-mega-deductio","slug":"kickstarting-canada-s-investment-supercycle-productivity-mega-deductio","title":"Kickstarting Canada's Investment Supercycle with the Productivity Mega Deduction","chapter":1,"section":"1.1","section_title":"Making Canada the best place to invest","heading":"Kickstarting Canada's Investment Supercycle with the Productivity Mega Deduction","in_cost_table":true,"capital":true,"fiscal":{"unit":"CAD millions","basis":"accrual, incremental impact on budgetary balance (expense or forgone revenue)","years":["2026-27","2027-28","2028-29","2029-30","2030-31"],"gross":[2015.0,8870.0,8895.0,7020.0,9255.0],"gross_total":36055.0,"flags":[null,null,null,null,null],"adjustments":[],"net":[2015.0,8870.0,8895.0,7020.0,9255.0],"net_total":36055.0,"table":{"pdf_page":161,"printed_page":151}},"description":null,"commitments":[{"text":"With an estimated fiscal cost of $36 billion over five years, beginning in 2026-27, it will help create the conditions for an extended period of higher investment: Canada's Investment Supercycle.","pdf_page":121,"printed_page":111,"quote":"With an estimated fiscal cost of $36 billion over five years, beginning in 2026-27, it will help create the conditions for an extended period of higher investment: Canada's Investment Supercycle."}],"amounts_in_text":["$36 billion over five years, beginning in 2026-27"],"source":{"pdf_page":121,"printed_page":111,"chapter_url":"https://budget.canada.ca/2026/report-rapport/chap1-en.html"},"money_type":"tax","involves_loans":false,"lenses":["businesses","trades","investment"],"wv_note":"If you run a shop, a crew or a fleet, read this one first. The equipment list reads like a yard inventory. Buying iron is still a cash-flow decision: model the purchase, the work it will win and the deduction together before you sign.","wv_watch":"Legislation and CRA guidance on eligible asset classes and in-service dates.","key_facts":[{"text":"Lets businesses immediately write off the full cost of a broader range of capital assets, on a permanent basis; the budget puts the fiscal cost at $36 billion over five years.","pdf_page":121,"printed_page":111},{"text":"The budget's own construction examples include jackhammers, excavators, bulldozers, mobile cranes, concrete mixers, graders, backhoes, dump trucks and welding equipment.","pdf_page":123,"printed_page":113},{"text":"The budget says the marginal effective tax rate on new business investment falls from 13% to 6.4%.","pdf_page":121,"printed_page":111}],"url":"https://budget2026.warreandvavasour.com/measures/kickstarting-canada-s-investment-supercycle-productivity-mega-deductio/","chapter_title":"Canada's Investment Supercycle"}