# Canadian Businesses Back Major Project Acceleration

A KPMG Canada survey of 346 business decision-makers found support for accelerating major projects, reducing regulatory burdens, and attracting investment ahead of Canada’s 2026 federal budget. The survey identifies the proposed Productivity Mega Deduction, estimated at $36 billion over five years, as a potential influence on the scale and timing of private-sector investment; it does not announce a procurement program, solicitation, or government contract award.

- Companies serving capital-intensive projects can assess how changes to investment incentives might affect clients’ project timing and demand for related goods and services.
- For government procurement teams, the survey is a signal of business priorities—not confirmation of new project funding or procurement activity.
- The deduction remains a proposal in the pre-budget discussion; businesses should distinguish this potential incentive from enacted measures or available contract opportunities.

**Jurisdictions:** international
**Industries:** Construction & Infrastructure
**Published:** October 28, 2026

### Government Entities
- Government of Canada

### Key Quotes
> If a project is close to the line, improving the tax economics could be enough to move it forward.
> — Lachlan Wolfers, National Leader, KPMG Law

### Sources
- [Major projects and investment top business ‘wish list’ for federal budget | KPMG Canada](https://kpmg.com/ca/en/media/2026/10/major-projects-investment-top-budget-wish-list.html) - KPMG International