The Canadian Press: The Canadian Chamber of Commerce had been urging such a move from Ottawa, said chief executive Candace Laing.
“This announcement is a launch pad to make Canada globally tax competitive. This is a moment we’ve been waiting for,” she said.
…The change is expected to have a fiscal cost of $36 billion over five years, starting this year, according to a government backgrounder document.
The tax perk, known as immediate expensing, allows businesses to fully write off the cost of an investment in the year that it becomes available for use. The federal government said Tuesday it will be permanent…