Canada cannot afford a trade war
Goldy Hyder urges the federal government to rethink applying the Digital Services Tax (DST) as it would harm Canada’s economic relationship with the United States. His comments were featured in several articles about Canada’s plans to move forward with the DST as outlined in the Fall Economic Statement.
“Canada’s economic interests will be severely harmed if Canada continues to defy the overwhelming OECD consensus.”
“Canada cannot afford to introduce a tax next year that violates our USMCA commitments. The Biden administration and U.S. Congress have been clear that doing so would force them to impose economically damaging retaliatory trade measures.”