Why Growcer Says Canada’s New Tax Rule Could Transform Local Food Supply
100% year-one write-offs help growers combat 80% import reliance
Growcer has welcomed the Productivity Mega Deduction announced by Prime Minister Mark Carney on September 15 at the first Canada Investment Summit. The proposed measure would let businesses write off the full cost of a broad range of capital investments in the year they become available for use, including modular farms like Growcer's.
Most of the fresh produce Canadians eat in February is grown somewhere else. Imports now account for 80% of Canada's fruit and vegetable supply, and the U.S. growing regions Canada leans on hardest have been hit by droughts & winter freezes that have pushed prices up at the checkout. Growcer has spent ten years building the alternative: more than 125 farms now operate across the country, producing over 10 million servings of greens a year in places where vegetables otherwise arrive after being shipped thousands of kilometres.
"Nobody needs convincing that growing food closer to home is a good idea. A single farm has always penciled out. What's hard is building hundreds at once, and that takes capital willing to move at the speed of infrastructure," says Corey Ellis, co-founder and CEO of Growcer. "Immediate expensing gets that capital off the sidelines. Prime Minister Carney just made it easier for a business to say yes to Canadian-built food infrastructure this year instead of someday."
For more information:
Growcer
www.thegrowcer.ca
September 25 2026