Ottawa extends accelerated investment incentive amid rising fiscal deficit to boost competitiveness

By Karunjit Singh ( December 17, 2024, 4:59 PM EST) -- The federal government has extended its Accelerated Investment Incentive (AII) and other immediate expensing measures in a bid to boost private investment growth — a move expected to cost the treasury $17.4 billion from 2024-25 to 2029-30 and unveiled as part of the 2024 Fall Economic Statement (FES). ...