Ottawa will allow immediate expensing of many capital expenditures for oil and gas firms — a measure the federal budget labels a productivity ‘super-deduction’ — to spur energy investment. The package is expected to cost the government C$36 bln over five years (about $25.5 bln). Higher global oil prices have left Canadian producers cash-rich; several companies disclosed in Q3 filings they expect to benefit, though major oil‑sands producers have not quantified cash gains and say impacts depend on

Ottawa will allow immediate expensing of many capital expenditures for oil and gas firms — a measure the federal budget labels a productivity ‘super-deduction’ — to spur energy investment. The package is expected to cost the government C$36 bln over five years (about $25.5 bln). Higher global oil prices have left Canadian producers cash-rich; several companies disclosed in Q3 filings they expect to benefit, though major oil‑sands producers have not quantified cash gains and say impacts depend on final approval. Mullen Group chairman Murray Mullen said the change cuts near‑term cash tax and improves cash flow but could carry a cost after the first year.