- Digital Services Tax (DST) Rescinded
Canada has officially announced it will halt collection of the DST as of June 30, 2025, and will introduce legislation to fully rescind the tax. This move is aimed at facilitating smoother trade negotiations with the United States.
- New Canada-U.S. Economic & Security Deal in the Works
Prime Minister Mark Carney and President Trump have agreed to resume negotiations on a comprehensive economic and security partnership, with a target date of July 21, 2025, for reaching an agreement.
- Boost for Canadian Businesses and Workers
The Canadian government emphasizes that this decision is part of a broader strategy to strengthen the economy, create jobs, and secure better trade terms for Canadian businesses operating across the border.
Department of Canada – News release