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2026-09-16 19:26:12
[Canada Introduces Investment Measures to Offset the Impact of the US-Canada Trade War] ⑴ Canadian Prime Minister Carney, who previously rejected US trade negotiation conditions, now needs to address the negative economic impact of the trade conflict. The US imposed a 50% tariff on approximately C$21 billion worth of Canadian goods, putting pressure on domestic industries such as auto parts and forestry, and impacting numerous small and medium-sized family businesses. ⑵ Canada has introduced a new capital investment tax deduction policy, allowing approximately two-thirds of assets to enjoy a one-time pre-tax deduction for capital expenditures. The marginal effective tax rate for new corporate investments will decrease from 13% to 6.3%, a low level among major economies. ⑶ Carney hosted an investor summit in Toronto this week, promoting over 160 key projects to global capital, aiming to attract C$710 billion in investment over the next five years, covering areas such as data centers, advanced manufacturing, liquefied natural gas terminals, ports, and mines, while simplifying the approval process for major projects. ⑷ Canada has long faced structural challenges such as sluggish per capita GDP growth, weak corporate investment, and slow productivity growth. Many overseas investors believe that the approval cycle for local resource projects is lengthy and investment uncertainty is high. (5) Carney has experience working in investment banks, central banks in multiple countries, and asset management institutions. Last year, he led the Libertarian Party to victory in the election by leveraging anti-Trump sentiment. His extensive network of contacts was used to attract overseas funds to help the country's economic transformation.
