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Canada Axes Digital Tax in Bold Move to Revive Stalled U.S. Trade Negotiations
Canada Axes Digital Tax in Bold Move to Revive Stalled U.S. Trade Negotiations
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Ottawa blinks first in high-stakes trade standoff—dropping controversial digital levy to unlock frozen negotiations.
The play: Ditching the tax buys goodwill with Washington as both sides scramble to modernize North American trade rules for the crypto age.
Behind the scenes: Lobbyists from Big Tech and decentralized finance projects alike cheer the policy reversal—though nobody's holding their breath for actual regulatory clarity.
The kicker: Another reminder that when dollars are on the line, even sovereign tax policies bow to market realities. (But don't worry—they'll find other ways to take their cut.)
Trade War Update: Canada is removing its “digital service tax” on tech companies to restart trade talks with the US. This comes Read More
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