OTTAWA, Nov. 6 -- The Canadian Finance Ministry on Thursday unveiled Budget 2026, introducing a suite of measures, including significant tax cuts, to kickstart an "investment supercycle" aimed at strengthening economic sovereignty and global competitiveness.

Themed "Masters of our destiny," the budget outlines plans to mobilize 400 billion Canadian dollars (about 285 billion U.S. dollars) in capital investments over six years to attract global capital and boost productivity.

A centerpiece of the plan is a "productivity mega deduction," alongside other major tax reforms, that will cut the marginal effective tax rate on new business investment from 13 percent to 6.4 percent, the lowest among major world economies. The measure will allow b...