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Canada Shelves Digital Services Tax to Smooth Trade Relations with U.S.
In a significant shift in policy, the federal government has announced it will retract its proposed digital services tax (DST), citing progress in trade negotiations with the United States. The decision marks a diplomatic pivot aimed at easing cross-border tensions and advancing economic cooperation between the two nations.
Originally introduced as a means to ensure that multinational tech giants pay their fair share of taxes in Canada, the DST faced stiff opposition from U.S. lawmakers and companies. Critics warned the measure could trigger retaliatory tariffs and complicate efforts to modernize the Canada-U.S. trade relationship.
Government officials framed the rollback as a strategic move to bolster trust and goodwill in trade dialogues, while reaffirming Canada’s commitment to a multilateral solution through the OECD’s global tax framework. The federal finance minister emphasized that the government still supports fair taxation in the digital economy but acknowledged the importance of “cooperative solutions over unilateral measures.”
The decision is expected to be well-received by U.S. counterparts and may set the stage for renewed momentum on broader economic agreements.
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