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Canada ditches digital tax

The New York Times · 3d

Canada’s Tax U-turn Highlights Trump Tariff Tactics

After President Trump suspended trade talks with Canada over its controversial digital services tax, Ottawa scrapped it to get back to the negotiating table.

Ars Technica · 3d

Trump’s tariff threat pushes Canada to scrap digital services tax

But it wasn't just Trump pushing Carney to reconsider the tax. A nonprofit representing CEOs and leaders of some of Canada's biggest businesses, the Business Council of Canada, had warned that Carney defending the tax risked "undermining Canada’s economic relationship with its most important trading partner," Al Jazeera reported.

Canada ditches digital tax after tariff threat from Trump

Canada scrapped a digital services tax that would have hit U.S. tech companies such as Google and Amazon after President Trump halted trade talks and threatened higher tariffs on Canadian imports.

Canada Goods Trade Deficit Narrows

The Wall Street Journal on MSN · 11h

Canada Goods Trade Deficit Narrows as Flows With U.S. Continue to Slacken

Helped by volatile gold shipments, the May deficit was down from a record in April and continued to reflect fluctuating tariff policy in Canada’s biggest trade partner and neighbor.

Reuters on MSN · 19h

Canada's trade deficit in May narrows, exports to US drop

Canada's trade deficit in May met expectations and narrowed after a record breaking deficit in April, data showed on Thursday, as total exports rose and imports fell even as the impact of the U.S. tariffs dented shipments south of the border.

Bloomberg L.P. · 19h

Canada’s Goods Trade Deficit Narrows on Higher Gold Shipments

Canada’s share of exports destined for the US shrank to the smallest proportion since at least 1997, excluding the Covid pandemic, while shipments to other countries reached a new high.

1don MSN

Carney Meets With Automakers as Canada’s Factories Show Tariff Strain

Canadian Prime Minister Mark Carney met with automotive executives Wednesday to discuss how to help auto plants that have ...

3don MSN

Understanding Trade Negotiations Between the U.S. and Canada After Accusations of a ‘Blatant Attack’ Rocked Relations

“Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United ...

The Grand Junction Daily Sentinel5h

What is the state of play with Trump's tariffs?

With sweeping tariffs on friend and foe, US President Donald Trump has roiled financial markets and sparked a surge in ...

4don MSN

Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

The Canadian government said “in anticipation” of a trade deal “Canada would rescind” the Digital Serves Tax. The plan to tax ...

5don MSN

Kevin O’Leary reacts to Canada imposing a tariff on large US tech brands: ‘Are we all idiots?’

O’Leary Ventures Chairman Kevin O’Leary reacts to President Donald Trump halting negotiations with Canada on ‘Fox & Friends ...

9don MSN

Trump Set on Tariff Demands as Canada Negotiations Head Toward Deadline, Canadian Ambassador Says

In the short-term, Canada is trying to get the U.S. to back down from 50% tariffs on steel and aluminum imports and levies on ...

The Globe and Mail8h

How tariffs may affect your investments – and what you can do about it

U.S. tariffs are part of a broader strategic effort to reshape commercial and geopolitical relationships with key trading ...

12h

1 Stock That Could Explode as Canada Launches Tariff Retaliation

As of writing, Aecon trades around $19.79 per share with a market cap of about $1.3 billion. The Canadian stock pays a ...

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