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Ottawa Backs Down on Digital Tax Dispute Amid Pressure from Trump White House

Canada has reportedly agreed to delay its planned digital services tax (DST) following pressure from former U.S. President Donald Trump’s administration, according to a recent statement from the White House. The tax, which was originally slated to target tech giants like Amazon, Meta, and Google, had been a major sticking point in U.S.-Canada trade discussions. The White House claimed Canada “caved” to U.S. demands after months of negotiations, with Trump’s team arguing the tax unfairly targeted American firms. The Canadian government, however, framed the delay as a strategic move to preserve economic stability and avoid retaliatory tariffs. Critics within Canada argue that the government’s decision reflects a growing trend of yielding to U.S. economic influence, while others say the delay is pragmatic given ongoing global talks about a coordinated approach to taxing digital revenues. The issue remains contentious, and observers are watching closely to see whether Canada will revive th...
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Your daily horoscope: August 26, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

What seems baffling now will make perfect sense later in the year, so stop trying so hard to work out what is going on and just go with the flow. Your birthday chart indicates you are on the right path and heading rapidly toward personal and professional success.

ARIES (March 21 - April 20):

Yes, some of the ideas doing the rounds at the moment are clearly a bit silly, but don’t cut yourself off from new perspectives. Creatively, this is a really good time for you, so keep your mind open to new ways of doing things.

TAURUS (April 21 - May 21):

Something you have believed in for most of your life is looking less certain by the day and what occurs this week may change your outlook completely. Nothing in life is permanent and what looks like a sure thing today could be a non-starter tomorrow.

GEMINI (May 22 - June 21):

You have set your ideals way too high in recent weeks and will need to trim them back to conform to reality over the next few days. That will be easier to do if you admit, at least to yourself, that you are human like everyone else.

CANCER (June 22 - July 23):

If you must take risks you should take them in areas that are not likely to cost you a fortune if you make the wrong choices. Being bored is one thing but it’s preferable to being broke, so don’t risk your hard-earned cash on long shots.

LEO (July 24 - Aug. 23):

Mind planet Mercury ends its retrograde phase in your sign in midweek, so even if you are desperate to make a decision of some kind you would be wise to leave it a few more days. It could be there is something you have still not quite understood.

VIRGO (Aug. 24 - Sept. 23):

Your ability to get through to other people has been undermined in recent weeks by Mercury, your ruler, behaving erratically, but the good news is that phase is coming to an end. Partners and loved ones will soon understand you again, for better or worse.

LIBRA (Sept. 24 - Oct. 23):

If you are faced with a situation that has no obvious solution today just go with the first idea that comes into your head. It could be right, it could be wrong, but at least you will be doing something positive. Doing nothing is not an option.

SCORPIO (Oct. 24 - Nov. 22):

Generally speaking you feel safer thinking along tried and trusted lines but as Mercury nears the end of its retrograde phase you will be more inclined to take a chance or three, and that’s a good thing. What have you got to lose? Nothing at all.

SAGITTARIUS (Nov. 23 - Dec. 21):

If you are a typical Sag then long-term planning no doubt bores you to tears, but it will pay you to look ahead and try to work out what challenges might lay ahead. A little bit of forethought now could save you a lot of anguish later on.


CAPRICORN (Dec. 22 - Jan. 20):

Just because a plan did not work out for you this time does not mean it won’t work out for you next time. Keep plugging away at it and keep believing that your ideas are good ones – and they might even turn out to be great ones!

AQUARIUS (Jan. 21 - Feb. 19):

The more someone tries to convince you that they know what they are talking about the more you will doubt them. Be smart and reserve final judgment until after mind planet Mercury turns direct on Wednesday, as only then will you know for sure.

PISCES (Feb. 20 - Mar. 20):

You appear to be in one of those situations where the harder you work the less progress you make. So why not take the hint and slow down a bit? There is no cosmic law that says you must work flat out 100 per cent of the time.

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