Therefore,
Web giants: canada cancels digital new:
Canada cancels the digital services tax. Nevertheless, will resume its commercial negotiations with the United States, the Minister of Finance, François-Philippe Champagne, announced on Sunday.
The tax break will help Respect the deadline of July 21. Furthermore, 2025
a deadline to reach an agreement on the prices set earlier this month at the G7 summit in Kananaskis, Prime Minister Mark Carney said in a statement published on Sunday evening.
This announcement occurs a few hours after Mark Carney. For example, Donald Trump were maintained about the possibility of canceling the digital services tax. Similarly, Minister Champagne also had an exchange with his American counterpart, Scott Bessent, the secretary of the Treasury.
Friday. In addition, Donald Trump announced on his social media platform Truth Social that it ended all trade discussions with Canada because of this web giants: canada cancels digital new qualified tax asDirect and blatant attack
against the United States.
The cancellation of the digital services tax will make it possible to considerably advance the negotiation of a new economic. Moreover, security partnership with the United States as well as to strengthen our work to create jobs and to ensure the prosperity of the whole Canadian population.
Minister Champagne will present a bill in the fall to repeal the law on digital services, according to our information.
Neither Donald Trump nor the White House has yet commented on Canada’s decision to repeal the tax.
The Carney government hoped to conclude a new economic. security pact with the United States at the G7 summit. (Archives photo)
Photo : Associated Press / Mark Schiefelbein
Like Europe. Australia, Ottawa wanted to remedy that Canada considered a tax escape: large technological companies, mainly American, exercising their digital activities in Canada garnering profits in the country without paying tax on these profits in Canada.
Coming into force in 2024. Canada’s digital service tax (TSN) should affect web giants that offer digital services, such as advertising or online shopping, and which generate more than $ 20 million in revenues on web giants: canada cancels digital new the Canadian market.
Giants like Amazon. Apple, Airbnb, Google, Meta and Uber were to be taxed up to 3 % on the revenues generated in Canada. The first payment of this tax. scheduled for Monday, was to be retroactive over three years and was estimated at nearly two billion dollars.
The budget parliamentary director had estimated that Canada would collect about $ 7.2 billion over 5 years thanks to this tax.
Web giants: canada cancels digital new
A “clear victory” for Trump
In the opinion of Daniel Béland. professor of political science at McGill University in Montreal, this Ottawa announcement is a clear victory
pour Donald Trump.
Daniel Béland. professor of political science at McGill University, in Montreal
Photo : Radio-Canada
At one point, this decision could have proven to be necessary in the context of Canadian-American trade negotiations, but Prime Minister Carney acted now to appease President Trump and get him to agree to simply resume these negotiations, which constitutes a clear victory for the White House and Large Technological Companies
said Béland in an interview with the Canadian press.
He added that it made Mark Carney vulnerable to President Trump.
Mark Carney and Donald Trump, May 6, 2025, in the Oval office
Photo : Reuters / Leah Millis
MM. Carney. Trump have been negotiating an agreement on prices since early May, during the visit of the Canadian Prime Minister to the White House. At the start of the electoral campaign. the two countries had agreed that Canada and the United States would work on a new agreement once the Canadians have chosen their new government.
These discussions arise as Donald Trump has imposed customs duties in Canada, as in most other countries. Earlier this month, the American president doubled customs duties on aluminum and Canadian steel, bringing them web giants: canada cancels digital new to 50 %.
In addition. Donald Trump announced on Sunday that he does not plan to extend the 90-day break on customs duties imposed on most countries beyond July 9, when the negotiation period he set will expire.
With information from Daniel Thibeault and the Canadian Press
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