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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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Chrystia Freeland Steps Down as Finance Minister, Exits Trudeau's Cabinet

 

In a surprising turn of events, Chrystia Freeland has resigned from her position as Canada's Finance Minister and will be leaving Prime Minister Justin Trudeau's cabinet. The announcement came just hours before she was scheduled to present the fall economic statement.

Freeland, who has been a key figure in Trudeau's government, cited differences with the Prime Minister over the best path forward for Canada as the primary reason for her resignation. In her resignation letter, she expressed her belief that to be effective, a minister must have the full confidence of the Prime Minister, which she felt she no longer possessed.

The resignation has thrown the Liberal government's plans into disarray, with the fiscal update now in limbo. Freeland's departure has sparked reactions from various political figures, with some expressing shock and others pointing to it as a sign of internal discord within the Liberal Party.

Freeland's resignation marks a significant shift in Canadian politics, as she has been a prominent and influential member of Trudeau's cabinet. Her decision to step down underscores the challenges and complexities of political leadership in times of economic uncertainty.




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