In a strategic move to smooth North America’s trade waters, Canada has rescinded its digital services tax, the Canadian Finance Ministry announced on Sunday. The levy, designed to capture a slice of profits from online platforms, is now off the table.
With digital commerce reshaping global markets, this decision signals Ottawa’s intent to create a more conducive environment for negotiations in Washington. Observers say it underscores the widening scope of today’s trade talks, where tech policy and data flows are as critical as traditional industries.
Canadian Prime Minister Mark Carney and U.S. President Donald Trump will resume talks, aiming to finalize an agreement by July 21, 2025. The outcome could redefine North American supply chains, tariffs and digital trade rules for years to come.
As the countdown begins, young entrepreneurs, tech innovators and policy advocates across the G20 will be watching closely to see how this pivot shapes the future of cross-border digital commerce.
Reference(s):
cgtn.com
