Business leaders urge Ottawa to extend employee ownership tax incentive - BetaKit

Inside the summit: What was accomplished and what comes nextWhy are former prime ministers taking part in the summit? Canada to have lowest net debt to GDP ratio in the G7: PM CarneyCanada 'must become more truly sovereign than it has been': former PM Harper‘We will always be neighbours’: PM Carney addresses U. S. trade tensions during summit speech‘Maybe they’ll shoot you’: PM tells humorous story about Trump gifting him a key to the White House

At Canada Investment Summit, PM revealed proposed tax incentive and other measures to attract foreign capital. The Government of Canada plans to implement a new tax incentive that will allow businesses to immediately deduct the full cost of most new capital investments in the hopes of drawing in more foreign capital.

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The S&P 500 lost nearly 2% last week, its biggest weekly decline since late June. The Nasdaq fell 4.5%, snapping a four-week winning streak.