‘Significant risk’ of economic pain could outweigh the reward of Canada’s unilateral digital services tax: Geist

With the latest PBO estimate projecting $7.3-billion in possible revenue, Liberals could be underestimating the allure of retaliatory tariffs on lumber, steel, and dairy ahead of a contentious U.S. presidential election, say observers.
Finance Minister Chrystia Freeland has said that delaying the implementation of the digital services tax by another year would run counter to Canada's national interests.

A recent report boosting the estimated windfall Canada could rake in from a proposed tax on digital services, despite protests from international allies, could lead the feds to counting its chickens before they’ve hatched, says law expert Michael Geist.

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