Minister Thompson highlights how the Productivity Mega Deduction in Budget 2026 will help Newfoundland and Labrador businesses grow and create jobs

In a world reshaped by geopolitical competition, protectionism, and rapidly evolving technologies, Canada stands apart. Our abundant natural resources, clean and reliable energy, world-class talent, strong public finances, and access to global markets give us a clear competitive advantage. These foundations are yielding results: investment is growing across Canada, major projects are being built, and businesses are reaching new markets at home and abroad.

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