To boost business investment, enhance certainty and simplicity for businesses, and strengthen Canada’s tax competitiveness, the Government of Canada proposes to implement the Productivity Mega Deduction, which will provide immediate expensing for a broad-based range of depreciable property on a permanent basis. Immediate expensing allows taxpayers to fully write off the cost of an investment in the year that it becomes available for use. This powerful investment incentive will create the conditions for an extended period of higher investment—a Canadian investment supercycle.
| Employment and Social Development Canada
| news releases
Today, the Canada Employment Insurance Commission made available the actuarial report and its summary for the 2027 Employment Insurance (EI) premium rate. The rate for 2027 is set at $1.64 per $100 of insurable earnings for employees and $2.30 for employers, who pay 1.4 times the employee rate. This rate will come into effect on January 1, 2027, and is equal to the 2025 rate.
| Canadian Northern Economic Development Agency
| media advisories
The Honourable Rebecca Chartrand, Minister of Northern and Arctic Affairs and Minister responsible for the Canadian Northern Economic Development Agency, along with Dr. Brendan Hanley, Parliamentary Secretary to the Minister of Northern and Arctic Affairs and Member of Parliament for the Yukon, will announce supports to help Yukon businesses adapt, find efficiencies and improve productivity.
| Agriculture and Agri-Food Canada
| news releases
The world is changing rapidly, trade shifts, global conflict, and climate change are all putting growing pressure on our food security systems. In response, Canada is charting a new course. We are building our strength at home and diversifying our partnerships abroad – creating new opportunities for long-term growth, resilience, and investment.
