A liquid natural gas carrier ship docked at LNG Canada's export facility on Canada's Pacific coast in Kitimat, B.C. One of two new ‘super-deduction’ tax measures in the budget restores accelerated capital cost allowances for LNG equipment and buildings that expired in 2024.

Ottawa is aiming to spur hundreds of billions of dollars of new private investment with a suite of expanded tax incentives to help Canada compete with the United States, as well as new money to build large infrastructure projects.

The federal government’s signature corporate tax change announced in Tuesday’s federal budget combines old and new incentives that let businesses write off the costs of new capital investments sooner, or in some cases right away.

Those incentives are grouped together as a “productivity su

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