Canada rescinds its Digital Services Tax “in anticipation of” a trade deal with the US, with trade talks resuming; the tax was set to go into effect on Monday
Canadian Prime Minister Mark Carney says trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms. Source: Government of Canada .
Associated Press
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- The right move. But extremely poor leadership to have gotten to this brinkmanship point. The DST was poor policy to start. … Kim G C Moody
Discussion
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@tryangregory
T. Ryan Gregory
on bluesky
Carney continues to do everything he can to appease Trump. It will not work. — www.canada.ca/en/departmen...
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@oritart.ca
Elaine
on bluesky
Canada is recinding the 3% digital services tax, targeted against American tech giants, who would otherwise pay zero taxes while extracting value from Canadians. — This is a disgraceful betrayal, Carney. You ran on Canada not being for sale, but apparently you're okay with jus…
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@jamoeberl
Jakob-Moritz Eberl
on bluesky
Very disappointing. Companies should pay taxes where they make their profits - from citizens whose societies they benefit from (and disrupt). Even worse, it's exactly these tech giants who are reshaping democracy in the US and worldwide. #TechTax
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@sashafury
Sasha Fury
on bluesky
Carney just let Trump cancel Canadian taxation law that had been on the books for a year. Oooh, what backbone! What sovereignty! Elbows up, Canada!
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@spudislander45
@spudislander45
on bluesky
Why this govt think a trade deal with this USA admin will be honoured? — Trump will continue to move the goal post. His plan is economic destruction. That's the goal. We have to retaliate. Trudeau was the last retaliation, no action since. #cdnpoli #USTARIFFS — apnews.com…
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@youcaughtscott.com
@youcaughtscott.com
on bluesky
lmao lmao lmao literally whatever Trump wants Carney will do. [embedded post]
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@fp_champagne
François-Philippe Champagne
on x
Canada is engaged in complex negotiations on a new economic and security partnership with the U.S. Rescinding the DST will allow the negotiations to make vital progress and reinforce our work to create jobs and build prosperity for all Canadians. 🔗https://www.canada.ca/...
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