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MMiller Thomson LLPToronto, ON · October 6, 2026

Canada’s federal government walks the talk with newly proposed Productivity Mega Deduction: What mining companies need to know

On September 15, 2026 (“Announcement Day”), the Canadian federal government’s Department of Finance released draft legislative proposals to implement the “Productivity Mega Deduction” — permanent 100% first-year (“immediate”) expensing for a wide range of new or used depreciable property and for Canadian development expenses (“CDE”) in the mining sector — together with immediate expensing and...

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