Canadian Press reports:
The Canadian Chamber of Commerce called the decision to drop the tax a “savvy” one.
“This tax would have fallen on Canadian consumers, businesses and investors in the form of higher costs and hurt our economy at a critical time,” David Pierce, the chamber’s vice-president of government relations, said in a media statement.
Rick Tachuk, president of the American Chamber of Commerce in Canada, said the withdrawal of the tax was a “welcome” move by the Canadian government.
“This is a constructive decision that allows both countries to focus on strengthening their economic partnership. Businesses on both sides of the border rely on policies that support certainty, collaboration, and long-term growth,” he said in a media statement.
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Author: brianpeckford
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