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Business Brief: The future of corporate taxation

Marcus Chen
Managing Editor · Friday, October 16, 2026 at 10:23 AM · 1 min read
Business Brief: The future of corporate taxation — Globe and Mail Business, Celebration Business news
Image: Globe and Mail Business

Good morning. Last month, Prime Minister Mark Carney unveiled the biggest corporate tax change in two decades: the productivity mega deduction, which allows companies to deduct the cost of many capital investments up front. The move has corporate Canada buzzing. But there are also calls for Ottawa to go further with a comprehensive reform of the corporate tax system. More on that below.

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