Despite his recent size concession made in the United States of Donald Trump, Mark Carney said that Canada was the only one who could draw its future during his first patriotic speech for Canada’s Day in Ottawa on Tuesday.
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“Together, we take control of our future. Together, we write our own story, without letting it be dictated by others, “he launched to the crowd, to the nourished applause.
In just over ten minutes, the Prime Minister returned to the theme that allowed him to win in the last federal elections: rebuilding the country’s economy after years of stagnation.
Carney even praised his C-5 law on national interest projects, which he defined as a “building permit” across the country using energy, technology and workers in Canada.
Despite a speech to the future of the country, the Canadian government has made two decisions in less than a week that could weaken its “digital sovereignty”, in the words of Alain Saulnier, author of Stand up to web giants.
No later than Sunday, Ottawa announced the abandonment of his tax on digital services (TSN), a 3% tax on large technological companies announced in 2020. Adopted a year ago, the first payments were expected on Monday.
This decline, the fruit of strong pressure from the Americans, made it possible to relaunch trade negotiations with the United States after it was interrupted on Friday by Donald Trump, who then boasted of having “folded” his Canadian vis-à-vis “.
The decision was criticized by the Quebec Bloc, the NPD and a host of observers. It was more favorably welcomed by the conservatives of Pierre Hairyvre, who in return claims the abolition of American prices on wood.
Under the radar
But another important decline has passed under the radar: on the sidelines of the G7 in Canada two weeks ago, the member countries decided to drop the minimum world tax of 15% on large multinational companies, at the demand of the United States.
According to fiscalist Brigitte Alepin, it is “a decision that risks providing a significant tax advantage to American trade, to the detriment of equity and international competition”.
Former Minister of Finance Chrystia Freeland worked behind the scenes to advance these two measures which are found today at the bottom of the shredder.
Canada and the United States resumed negotiations on Monday and still target the deadline of July 21 to arrive at an agreement.
