Archive for July 11th, 2024

Tax Day New York. April 17, 2012 (7104232285) by Michael Fleshman from Brooklyn, The Democratic People's Republic of Brooklyn, CC BY-SA 2.0 , via Wikimedia Commons

Know When to Fold Em: The Big Risk Behind Canada’s Digital Services Tax Bet

The Globe and Mail runs my opinion piece on Canada’s digital services tax today. I open by noting that the Canadian government’s efforts to regulate big tech companies sometimes feels like a series of high-stakes poker matches in which the government foolishly bets that readily apparent risks can be ignored. That approach has proven costly: the plan to regulate internet streaming services is now mired in multiple legal challenges in court, while news links on Facebook and Instagram have been blocked in Canada for nearly a year in response to the Online News Act.

The latest high-risk strategy involves the implementation of a digital services tax, which could lead to billions in tariff retaliation targeting some of Canada’s most important economic sectors.

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July 11, 2024 14 comments Columns