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Carney dropping digital service tax ‘a clever tactic' amid trade talks: economist

Carney dropping digital service tax ‘a clever tactic' amid trade talks: economist

CTV News01-07-2025
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Former special advisor to the Ministry of Finance Julian Karaguesian on if dropping the digital service tax gives Canada additional leverage during trade talks.
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B.C. forestry executive warns against cutting bad deal after U.S. raises tariffs
B.C. forestry executive warns against cutting bad deal after U.S. raises tariffs

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B.C. forestry executive warns against cutting bad deal after U.S. raises tariffs

Published Aug 01, 2025 • 1 minute read Softwood lumber is pictured at Tolko Industries in Heffley Creek, B.C., Sunday, April, 1, 2018. Photo by Jonathan Hayward / THE CANADIAN PRESS VICTORIA — An executive in British Columbia's forestry industry says Canada should stand up to the United States, even after U.S. President Donald Trump raised tariffs to 35 per cent from 25 per cent on some goods. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Brian Menzies, executive director of the Independent Wood Processors Association of British Columbia, says being 'kowtowed and pushed over' is neither good for Canada nor the United States. Menzies says 'people respect people who stand up for what's important for them,' and if Canada does not stand up now, it won't be in a 'strong position to advocate for what's important.' Menzies' comments come after Trump had announced tariffs of 35 per cent on all Canadian goods outside the Canada-United States-Mexico Agreement on free trade. A statement from Premier David Eby's office says he remains focused on protecting workers and businesses in B.C. from the 'deeply harmful tariffs' imposed by Trump's administration. The statement says that Eby supports the federal government's efforts to get a 'good deal' for Canada, adding that he looks forward to speaking to Prime Minister Carney about the situation. Read More Canada Toronto & GTA Toronto Blue Jays World Celebrity

B.C. forestry executive warns against cutting bad deal after U.S. raises tariffs
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Winnipeg Free Press

time25 minutes ago

  • Winnipeg Free Press

B.C. forestry executive warns against cutting bad deal after U.S. raises tariffs

VICTORIA – An executive in British Columbia's forestry industry says Canada should stand up to the United States, even after U.S. President Donald Trump raised tariffs to 35 per cent from 25 per cent on some goods. Brian Menzies, executive director of the Independent Wood Processors Association of British Columbia, says being 'kowtowed and pushed over' is neither good for Canada nor the United States. Menzies says 'people respect people who stand up for what's important for them,' and if Canada does not stand up now, it won't be in a 'strong position to advocate for what's important.' Menzies' comments come after Trump had announced tariffs of 35 per cent on all Canadian goods outside the Canada-United States-Mexico Agreement on free trade. A statement from Premier David Eby's office says he remains focused on protecting workers and businesses in B.C. from the 'deeply harmful tariffs' imposed by Trump's administration. Monday Mornings The latest local business news and a lookahead to the coming week. The statement says that Eby supports the federal government's efforts to get a 'good deal' for Canada, adding that he looks forward to speaking to Prime Minister Carney about the situation. This report by The Canadian Press was first published Aug. 1, 2025.

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