The finance minister says Canada won’t put a hold on its digital services tax on big tech companies, set to take effect on June 30.
Pressure has mounted on Ottawa to pause the tax ahead of trade discussions with the U.S.
Finance Minister François-Philippe Champagne told reporters the legislation was passed by Parliament and Canada is “going ahead” with the tax.
The tax will hit companies like Amazon, Google, Meta, Uber and Airbnb with a three percent levy on revenue from Canadian users.
It will apply retroactively, leaving U.S. companies with a $2 billion US bill due at the end of the month….