Tax Policy Trends: Canadian Policy Makers Respond to U.S. Tax Overhaul

Following the 2017 overhaul of the U.S. corporate and personal tax system, 2018 has seen much discussion regarding Canada’s diminished tax advantage and its attractiveness as an investment destination in comparison to the U.S. In the November 21st 2018 Economic Update, the federal government’s response was finally unveiled. The central policy included a generous temporary accelerated capital cost allowance. This strategy largely follows a plan...