It’s a start, but will it be enough? Canada’s 2025 Budget correctly flags productivity as a crucial economic issue and includes measures meant to boost it.
With the economy under pressure, the government’s new “Productivity Super-Deduction” could be a successful way to get businesses to invest money at a time when their inclination may be to pull back.
That said, the Budget measures are hardly going to be a definitive solution to a problem that will require radical attention for years to come.
In fact, the Super Deduction is a collection of various incentives grouped together, with only a few of them being new.
Speeding up deductions for manufacturing is one beneficiary, as are liquefied natural gas facilities.
The hope is that together, they will reduce costs to businesses and enco

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