11:24:47 EDT Sun 13 Jul 2025
Enter Symbol
or Name
USA
CA



Amazon.com CDR (CAD Hedged)
Symbol AMZN
Shares Issued 33,600,000
Close 2025-07-04 C$ 26.105
Market Cap C$ 877,128,000
Recent Sedar Documents

Globe says Amazon, others still whining about DST

2025-07-07 08:30 ET - In the News

Also In the News (C-ABNB) Airbnb CDR (CAD Hedged)
Also In the News (C-GOOG) Alphabet CDR (CAD Hedged)
Also In the News (C-META) Meta CDR (CAD Hedged)
Also In the News (C-UBER) Uber CDR (CAD Hedged)

The Globe and Mail reports in its Saturday edition that U.S. tech giants will continue charging Canadian advertisers a fee to cover the digital services tax, which the federal government has yet to enforce and has vowed to cancel. The Globe's Pippa Norman writes that tech companies say they are waiting on Ottawa to table official legislation to drop the tax before making a decision about cancelling or refunding surcharges on Canadian advertisers. But without a clear timeline for legislation to be passed and Parliament on summer break, Canadian businesses will continue to see the policy affect their bottom line. "It's not that complicated. If they don't pay the tax, they don't surcharge. This is our expectation," said Jasmin Guénette, a lobbyist for the Canadian Federation of Independent Business. Prime Minister Mark Carney rescinded Canada's controversial digital services tax (DST) last week, two days after U.S. President Donald Trump threatened to walk away from trade talks and impose retaliatory tariffs over the levy. The first payment of the tax, which was retroactive to 2022 and set to be collected June 30, would have cost American companies such as Amazon, Google, Airbnb, Meta and Uber about $2-billion (U.S.).

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