Mark Carney announced that you will be able to write off 100% of assets you buy for your business

5 sources · 2 contradict · 3 neutral

What we can confirm

Authoritative coverage of Mark Carney’s 15 September 2026 announcement in Canada shows he introduced the permanent “Productivity Mega Deduction,” which expands immediate 100% expensing to a much broader range of depreciable business assets but does not cover literally 100% of all assets businesses buy. Reports specify that more than about two-thirds of assets will qualify and that certain categories remain excluded, so the claim that you can write off 100% of all assets you buy for your business overstates and generalizes the policy beyond what was announced.