Browsing: Mega

To give credit where it’s due: finally, after 18 months in office, Prime Minister Mark Carney has announced a substantial economic policy change to improve Canada’s business environment. His “Productivity Mega Deduction,” which permanently allows businesses to immediately deduct the cost of new investments on a wide range of machinery, equipment and technology is a…

At this week’s investment summit, Prime Minister Mark Carney announced a “mega-productivity” deduction that will enable companies to “expense” — that is, write them off immediately — about two-thirds of their capital assets on a permanent basis. Last year’s “super-productivity” deduction was for just 15 per cent on a time-limited basis. Business groups were as…

Canada’s new Productivity Mega Deduction promises to slash the marginal effective tax rate on business investment to just 6.4%, positioning the country as the most competitive G7 nation for capital deployment. This permanent tax incentive extends immediate expensing to roughly 65% of capital assets, fundamentally reshaping the economics of investing in Canadian operations across manufacturing,…

Shoppers today are increasingly digital-first. For L’Oréal, the world’s No. 1 beauty group, e-commerce is its top growth channel in Vietnam and the rest of APAC. Keen to maximise the popularity of mega sale days in the region, L’Oréal Vietnam wanted to find a way to connect with online shoppers at scale and speed during…