RAC welcomes bold federal action to unlock investment in Canada

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Postmedia has not reviewed the content. by GlobeNewswire RAC welcomes bold federal action to unlock investment in CanadaAuthor of the article:OTTAWA, Ontario, Sept. 16, 2026 (GLOBE NEWSWIRE) — The Railway Association of Canada (RAC) welcomes the Government of Canada’s announced intention to introduce legislation that would extend permanent immediate expensing to eligible assets in the rail and other transportation supply chain industries.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountWhile RAC is still reviewing the details of the federal government’s new Productivity Mega Deduction, today’s announcement is a significant step toward enhancing Canadian competitiveness, productivity, and trade diversification. The Productivity Mega Deduction will help level the playing field with the U.S. and unlock additional investment in the assets across our supply chains that keep Canada moving.The rail industry is capital intensive. Canadian railways invest billions of dollars every year to connect Canadian businesses safely, reliably, and cost-effectively to markets at home and around the world. Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againTransportation is critical to realizing the federal government’s goal of doubling non-U.S. exports by 2035. For Canada to move more goods longer distances to diverse trading partners, it needs the conditions to support investments across Canadian supply chains, including in railway assets like track, bridges, rolling stock, and innovative technologies. With this announcement, the federal government is moving toward creating better conditions to invest private capital in trade-enabling infrastructure that underpins Canadian economic growth.RAC and its members have long advocated for permanent policies that incentivize more supply chain investment in Canada. A June 2026 independent report commissioned by RAC found that this policy would generate substantial additional annual private-sector investment across supply chains and increased GDP.Canada’s railways look forward to Parliament quickly adopting legislation to implement this important measure. The Railway Association of Canada (RAC) represents close to 60 freight and passenger railway companies—railways that transport millions of passengers and approximately $400 billion worth of goods across our country each year. RAC also counts a growing number of industrial railways and railway supply companies in its associate membership. As part of the fifth largest rail network in the world, RAC members are the backbone of Canada’s transportation system.Morgan SwanDirector, Public Affairs and Communications, Railway Association of Canadamswan@railcan.ca This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.