Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
30 June 2025 | Other

Canada decides to repeal tax for tech corporations to restart trade talks with US

AUDCAD
GBPCAD
EURCAD
USDCAD
Canada decides to repeal tax for tech corporations to restart trade talks with US

On Monday, Canada announced the repeal of the Digital Services Tax (DST), paving the way for resuming talks with the United States. According to Investing, the two sides are aiming to conclude a trade agreement by July 21.

According to Finance Minister François-Philippe Champagne, the government will suspend the DST charge on June 30 and submit a document to repeal the relevant act affecting large multinational technology companies operating in the country. The tax, introduced in 2020, was seen by Washington as a key obstacle to broader trade discussions.

The decision came shortly after US leader Donald Trump abruptly halted trade talks with Canada on Friday after criticizing the DST.

The leaders of both countries decided to resume talks, reaffirming their intention to reach a comprehensive agreement.

Elena Berseneva MarketCheese

Recommended

Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -63.2K to -98.6K
9 October
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has decreased from -91.1K to -97.6K
9 October
Canada. CFTC CAD speculative net positions. The value of the indicator has decreased from -78.7K to -90.2K
9 October
European Union. CFTC EUR speculative positions. The value of the indicator has decreased from -63.3K to -99.3K
9 October
United States. Michigan 1-Year Inflation Expectations. The value of the indicator has increased from 4.6% to 4.7%
9 October
Top news
United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
6 October
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.6% to 0.1%
6 October
United States. Nonfarm Payrolls. The value of the indicator has decreased from 133K to 29K
2 October
United States. Unemployment Rate. The value of the indicator has increased from 4.1% to 4.2%
2 October
European Union. CPI (MoM). The value of the indicator has increased from 0.4% to 0.6%
2 October
All news

Forecasts

Silver sell
Period: 12.11.2026 Expectation: 5500 pips
Selling silver down to $55.50
Indicators and reports FA Other Indicators Hot news
Yesterday at 11:12 AM 15
Sinclair_John
S&P 500 buy
Period: 26.10.2026 Expectation: 165 pips
Go long on SPX with 8,000 target
Indicators and reports FA Other Indicators Hot news
Yesterday at 07:08 AM 23
Reed_Marcus
USDJPY sell
Period: 30.11.2026 Expectation: 1600 pips
Go short on USDJPY from 159.115 level
FA Other TA Other
Yesterday at 05:36 AM 34
McCarthy_Raymond
Brent buy
Period: 23.10.2026 Expectation: 470 pips
Buying Brent crude with $106.00 in mind
Indicators and reports FA Other Indicators Hot news
09 October 2026 41
Sinclair_John
USDCAD buy
Period: 09.11.2026 Expectation: 3000 pips
Invest in USDCAD up to 1.45000
Indicators and reports FA Other Indicators Hot news
09 October 2026 50
Reed_Marcus
GBPUSD sell
Period: 29.10.2026 Expectation: 800 pips
Sell GBPUSD down to 1.3180
FA Other TA Other
08 October 2026 75
McCarthy_Raymond
Go to forecasts