Canada's Investment Blitz: Carney Unveils Tax Cuts, Airport Privatization, and a $1B AI Fund

Prime Minister Mark Carney pulled out all the stops at Canada's first-ever Investment Summit in Toronto, unveiling a sweeping new tax incentive designed to slash the marginal effective tax rate on new business investment from 13% to 6.4%. The "Productivity Mega Deduction" allows businesses to immediately deduct 65% of the cost of new capital investments, including software, R&D, and fiber-optic infrastructure. The goal is audacious: to make Canada the **lowest-tax...