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 | 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

European Union. CPI (MoM). The value of the indicator remained at the same level of -0.3%
Yesterday at 10:00 AM
European Union. CPI (YoY). The value of the indicator has decreased from 2.2% to 2.1%
Yesterday at 10:00 AM
United Kingdom. CPI (YoY). The value of the indicator has decreased from 3.6% to 3.2%
Yesterday at 7:01 AM
European Union. CFTC EUR speculative positions. The value of the indicator has decreased from 99K to 94.1K
16 December
Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -75.9K to -84.2K
16 December
Top news
European Union. CPI (MoM). The value of the indicator remained at the same level of -0.3%
Yesterday at 10:00 AM
United States. Nonfarm Payrolls. The value of the indicator has increased from -105K to 64K
16 December
United States. Unemployment Rate. The value of the indicator has increased from 4.4% to 4.6%
16 December
United States. Retail Sales (MoM). The value of the indicator has decreased from 0.1% to 0%
16 December
European Union. Trade Balance. The value of the indicator remained at the same level of 18.4B
16 December
All news

Forecasts

NVIDIA Corporation buy
Period: 24.12.2025 Expectation: 800 pips
NVIDIA stock set to bottom out as bears loosen their grip
Technical analysis TA Other FA Other Indicators Fundamental analysis
Yesterday at 11:33 AM 27
Lyra_Moonwell1
EURUSD sell
Period: 26.12.2025 Expectation: 600 pips
Correction looms for EURUSD with 1.17 as key target
Hot news Chart analysis Indicators
Yesterday at 11:11 AM 16
Tom_Kern
Gold buy
Period: 31.01.2026 Expectation: 23000 pips
Bolster gold purchases when it climbs above $4,370
FA Other Chart analysis
Yesterday at 09:56 AM 30
McCarthy_Raymond
BTCUSD buy
Period: 31.01.2026 Expectation: 14000 pips
Buying Bitcoin up to $100,000 resistance
FA Other Chart analysis
Yesterday at 09:56 AM 11
McCarthy_Raymond
USDCAD sell
Period: 24.12.2025 Expectation: 800 pips
USDCAD finds support despite negative fundamentals
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 07:16 AM 9
Emily_Foster
Brent sell
Period: 31.01.2026 Expectation: 120 pips
Brent crude selloff targets $58.7
Indicators and reports Chart analysis
16 December 2025 36
McCarthy_Raymond
Go to forecasts