Canada

Both the U.S. and Canada have increased tariffs across the border in recent weeks, ratcheting them as high as 50% — and businesses are caught in the middle.

The economic pain that Canadian Prime Minister Mark Carney warned would come from a trade war is now a reality for some small businesses that export to the U.S.

Prime Minister Mark Carney matched the new tariffs imposed by President Donald Trump and announced new support programs for Canadian businesses hurt by the escalating trade war with the country's largest trading partner.

The Trump administration delayed 50% tariffs on billions of dollars of Canadian products for three days, saying the two sides had reached a tentative agreement.

Below the fold; AI hyperscalers; politically biased; and other highlights from our favorite tax bloggers.

Canada's top securities regulator alleged that KPMG failed to properly value the loans held within funds, harming investors.

The Canadian Public Accountability Board published individual auditing firm inspection reports for the first time, marking a significant milestone.

Chartered Professional Accountants of Canada has signed a memorandum of understanding with the Pan African Federation of Accountants.

CPA Canada is asking the Canadian government to advance a framework for independent assurance over artificial intelligence systems.

Canadian CPAs with three or more years of experience reported a national median salary of $154,000 in 2024, up from $143,000 the prior year, according to a Leger study.

On Friday, President Trump had said he was ending all trade discussions with Canada, one of its largest trading partners, in retaliation for the digital tax.

President Trump said he was ending all trade discussions with Canada in retaliation for its digital services tax, and threatened to impose a fresh tariff rate.

In a late night Truth Social post, Trump said large-scale tariffs "far larger than currently planned" would be placed on them in such a scenario.

The Top 50 Firm is expanding further in Canada by adding locations in the greater Toronto area and Calgary.

Canadian Prime Minister Justin Trudeau will impose 25% tariffs against U.S. goods, while Mexican President Claudia Sheinbaum also pledged retaliation.

Trump said in his inaugural address that "instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our citizens."

Donald Trump's planned tax cuts would wipe out Canada's slim corporate tax advantage, likely driving more capital from the northern nation.

Plus, Certinia Customer Success Cloud now generally available; Zamp launches tax solution "Z"; and Paystand expands into Canada.

The U.S. has taken a first step toward a challenge of Canada's DST on large foreign technology companies.

High-income backdown; Direct File collision; the vaping excise mess; and other highlights from our favorite tax bloggers.