Canada's federal government is set to impose new taxes on U.S. web giants like Facebook and Google to help pay for mounting COVID-19 aid packages for the wider economy. "Canadians want a tax system that is fair, where everyone pays their fair share … Canada will act unilaterally, if necessary, to apply a tax on large multinational digital corporations, so they pay their fair share just like any other company operating in Canada," finance minister Chrystia Freeland told the House of Commons in Ottawa.
Freeland was unveiling a fall economic statement as her government set forth a new stimulus packages to mitigate the impact of the novel coronavirus crisis countrywide.
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