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Posted

Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced today that Canada would rescind the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade arrangement with the United States. Consistent with this action, Prime Minister Carney and President Trump have agreed that parties will resume negotiations with a view towards agreeing on a deal by July 21, 2025.  

Personally I think we should have held out. Trump would have blinked. But I suspect some form of the digital services tax will resurface in every country, including the US, at some point.

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Posted
2 hours ago, Barquentine said:

Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced today that Canada would rescind the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade arrangement with the United States. Consistent with this action, Prime Minister Carney and President Trump have agreed that parties will resume negotiations with a view towards agreeing on a deal by July 21, 2025.  

Personally I think we should have held out. Trump would have blinked. But I suspect some form of the digital services tax will resurface in every country, including the US, at some point.

I think it was the wise thing to do. The petulant child across the table has a better hand and more money in his pocket.  Whether he was bluffing or not Canada needs resolution to a deal quicker than the US does.  Give the child a win to build him up.

Dollars were minimal in the grand scheme of things, but agree this will resurface at some point.  Until then, need to get this behind us for clarity in the industries that affect a lot of Canadian workers.

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Posted
15 minutes ago, LinkSoul60 said:

I think it was the wise thing to do. The petulant child across the table has a better hand and more money in his pocket. 

And his response was completely predictable. Just as his response to Canada immediately folding in the face of his bluster is completely predictable. He'll now demand more.

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"A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton

Posted
11 minutes ago, I am Groot said:

And his response was completely predictable. Just as his response to Canada immediately folding in the face of his bluster is completely predictable. He'll now demand more.

What do you think the best strategy would have been, knowing the guy across the table has a better hand and knowing thousands of Canadian jobs need resolution to a trade deal to move forward?

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Posted
3 minutes ago, LinkSoul60 said:

What do you think the best strategy would have been, knowing the guy across the table has a better hand and knowing thousands of Canadian jobs need resolution to a trade deal to move forward?

He had to fold, the was no other choice.

The Carney is turning out to be just another all "p**ss & wind" semi-politician.

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Posted
20 minutes ago, Legato said:

He had to fold, the was no other choice.

The Carney is turning out to be just another all "p**ss & wind" semi-politician.

Concessions on both sides are typical of negotiations, and generally not referred to as folding. 

'another all "p**ss & wind" semi-politician' - uninformed and bias comment knowing we have no idea of the discussion details or what the final deal will look like.

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Posted

The DST was a terrible policy anyways.  It was a tax that would have been ultimately paid by Canadians, as companies like Netflix were just going to raise its Canadian subscription fees.

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Posted
58 minutes ago, LinkSoul60 said:

Concessions on both sides are typical of negotiations, and generally not referred to as folding. 

'another all "p**ss & wind" semi-politician' - uninformed and bias comment knowing we have no idea of the discussion details or what the final deal will look like.

What concessions did Trump make? Yes folding.

Look up cockney rhyming slang.

Posted (edited)
1 hour ago, Legato said:

He had to fold, the was no other choice.

The Carney is turning out to be just another all "p**ss & wind" semi-politician.

Appease the bully and get it done after the trade negotiations are sealed.

Too easy and makes sense. A business decision.

Edited by ExFlyer
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You are entitled to your opinion, but you are not entitled to tell me what mine should be.

Posted
18 minutes ago, Legato said:

What concessions did Trump make? Yes folding.

Look up cockney rhyming slang.

Who ever said anyone was asking trump to make concessions.

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You are entitled to your opinion, but you are not entitled to tell me what mine should be.

Posted
46 minutes ago, Legato said:

What concessions did Trump make? Yes folding.

Look up cockney rhyming slang.

'uninformed and bias comment knowing we have no idea of the discussion details or what the final deal will look like'.

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Posted
50 minutes ago, Legato said:

What concessions did Trump make? Yes folding.

Look up cockney rhyming slang.

Negotiations are only beginning.  You can't get everything you want.  Welcome to the real world.

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Posted
6 hours ago, Barquentine said:

Personally I think we should have held out. 

Yes, very, very disappointing.

Let's hope Carney just paused the tax till the time we acquire a few of those B5 stealth bombers.

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Posted
6 hours ago, Barquentine said:

Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced today that Canada would rescind the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade arrangement with the United States. Consistent with this action, Prime Minister Carney and President Trump have agreed that parties will resume negotiations with a view towards agreeing on a deal by July 21, 2025.  

Personally I think we should have held out. Trump would have blinked. But I suspect some form of the digital services tax will resurface in every country, including the US, at some point.

Someone has a PhD in spin-doctoring 😂

Truth: Canada is rescinding the DST because Carney's getting a pants-down spanking right now

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If the Cultist Narrative Network/Cultist Broadcasting Corporation gave an infinite number of monkeys an infinite number of typewriters, leftists would believe everything they typed.

"I don't hate American's, I pointed out the literacy rate to Uncle Sam." - LinkSoul

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Posted
1 hour ago, ExFlyer said:

Too easy and makes sense. A business decision.

Not a great one. Should have been done as part of the negotiations. 
Would've been nice to say so the whole world saw "We'll drop the DST if you drop Softwood Lumber Duties" and at least parried their threats.

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Posted
3 hours ago, LinkSoul60 said:

What do you think the best strategy would have been, knowing the guy across the table has a better hand and knowing thousands of Canadian jobs need resolution to a trade deal to move forward?

What do we do when he demands the end of milk cartels...

We, the willing, led by the unknowing, are doing the impossible for the ungrateful. We have now done so much for so long with so little, we are now capable of doing anything with nothing.

Posted
1 hour ago, LinkSoul60 said:

'uninformed and bias comment knowing we have no idea of the discussion details or what the final deal will look like'.

What discussion? Trump said jump, Carney said would that be 21?

Posted
19 minutes ago, herbie said:

Not a great one. Should have been done as part of the negotiations. 
Would've been nice to say so the whole world saw "We'll drop the DST if you drop Softwood Lumber Duties" and at least parried their threats.

You'd have to assume that of course it's part of the negotiation, and for all we know that or a similar demand could have been the talking point to dropping the DST.  Fact is we don't know what the discussions and the give and take are but Carney was elected for exactly what he's doing right now....negotiating with Trump.  How that looks when finalized....we'll see.

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Posted (edited)
34 minutes ago, herbie said:

Not a great one. Should have been done as part of the negotiations. 
Would've been nice to say so the whole world saw "We'll drop the DST if you drop Softwood Lumber Duties" and at least parried their threats.

Trump said, there were no more negotiations. 

We Canadians, and therefore the whole world, was fully aware of the DST last year when it was announced. Trump just used it now for reasons only he is privy to.

You and I do not know what is going on or being said behind closed doors.

Edited by ExFlyer
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You are entitled to your opinion, but you are not entitled to tell me what mine should be.

Posted
19 minutes ago, Army Guy said:

What do we do when he demands the end of milk cartels...

Not sure, but like I just replied to Herbie's post and others, we have no idea what the discussions or give and take are so to pick out every touch point is pointless until we know what the end deal looks like.  Dairy will no doubt be a lively topic for them, but many other industries will be as well.  The guy we have negotiating for us is very well versed in trade, economics and business so I trust he'll do what's best for the country.  If that sounds "left" or "Liberal", so be it....

Posted
21 minutes ago, Legato said:

What discussion? Trump said jump, Carney said would that be 21?

What discussion...really.  How about the trade discussions they're having....?

What would PP have done.... 🤔   lol, guess we'll never know

Posted
2 hours ago, LinkSoul60 said:

What discussion...really.  How about the trade discussions they're having....?

What would PP have done.... 🤔   lol, guess we'll never know

Really...Canada resumed trade talks today...so....the "discussions" had to wait until the Carney dropped the DST.

Posted
5 minutes ago, Legato said:

Really...Canada resumed trade talks today...so....the "discussions" had to wait until the Carney dropped the DST.

We have no insight, but pretty naive to think there was a pause in negotiations.  Trump jumped up and down in his soiled diaper while the people negotiating likely just rolled their eyes and kept the discussions moving along.  Nothing was stopping because of a ~1.5B annual tax.

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