It’s notable that the Canadian digital services tax is due to go into effect Monday


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Canada is set to move forward with a digital services tax, with the first payments due on Monday on revenues that stretch all the way back to 2022.

That’s a material number and it comes after all the tech giants flanked Trump at his inauguration.

I wonder if this isn’t all sorted out on the weekend.

This is a great chart from BCA Research that highlights Trump’s negotiating pattern and they think this is Step 5. Now that doesn’t mean it will be Monday. The US and Canada set out a 30-day timeline at the start of last week and we’re about half-way through that so this could go on for another two weeks.

This article was written by Adam Button at www.forexlive.com.

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