U.S. President Donald Trump said Friday he's terminating all trade discussions with Canada effective immediately.

"We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period," Trump said in a social media post.

He says he's pulling back from the bilateral trade discussions because Canada plans to move ahead with its digital services tax (DST), which requires web giants pay a special tax.

Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users — a policy enacted by former prime minister Justin Trudeau's government that the Parliamentary Budget Office projects will bring in billions of dollars in revenue.

I swear every thread has the same 100 people in it so my upvote counter is pretty high for most people. Wondering what it’s at for other people on Lemmy. You tell me my vote count and I’ll tell you what I have for you :)

TORONTO — GameStop Canada says it has been acquired by French-Canadian entrepreneur Stephan Tetrault from the video game retailer’s struggling parent company.

Officially named Electronics Boutique Canada Inc., GameStop Canada says it will relaunch its 185 stores as EB Games Canada — a name associated with retail gaming from bygone decades.

Tetrault is the founder of Montreal-area-based toy manufacturer Imports Dragon and co-owner of American action figure-maker McFarlane Toys, and last month became a partner at Canadian chain Mastermind Toys.

U.S.-based GameStop Corp. said in February it was looking to sell its Canadian and French operations as it evaluates its international assets and doubles down on cost-cutting.

GameStop was one of the companies at the centre of the “meme stock” craze on Wall Street, which saw struggling brands’ share prices soar as retail investors made risky bets.

Its sales last year declined 27 per cent to $3.82 billion, though net income shot up to $131.3 million versus $6.7 million in 2023.

A top White House official has threatened to redraw the Canadian border amid Donald Trump’s ambition to turn the country in America’s “51st state”.

Peter Navarro, one of Donald Trump’s closest advisers, is pushing US negotiators to discuss reworking the border with their Canadian counterparts, The Telegraph can reveal.

“Navarro recommended revising the Canada-US border, which is just crazy and dangerous,” a source close to negotiations told The Telegraph.

Hi, I just created the community for my hometown on Lemmy.ca and noticed that within minutes it already has 35 subscribers. How does that work? The town is tiny, I'd be surprised if there were even 35 people from Renfrew on Lemmy at all, let alone eagerly waiting for the community to be created

I'm a Canadian working for an American company and I'm wondering how affected I'm going to be if (when) Trump goes all in on his tarrifs. My company does have a Canadian office and I believe is incorporated here as well as the USA (I'm a software dev, not a business major so idk how it works fully). Would I feel any of the effects of tarrifs, minus the cost of everything skyrocketing?

For reference, I'm remote and the office we have is on the other side of the country in Vancouver. Not sure that really adds anything to the question but felt compelled to add it

NDP Leader Jagmeet Singh says his party will bring forward a motion of non-confidence to bring down the Trudeau government in the next sitting of the House of Commons.

"The Liberals don't deserve another chance," Singh wrote in a letter on Friday. "That's why the NDP will vote to bring this government down."

Social credit is a distributive philosophy of political economy developed in the 1920s and 1930s by C. H. Douglas. Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them. To combat what he saw as a chronic deficiency of purchasing power in the economy, Douglas prescribed government intervention in the form of the issuance of debt-free money directly to consumers or producers (if they sold their product below cost to consumers) in order to combat such discrepancy.

(From the wiki page)

Stumbled onto this randomly and I find it interesting and rarely talked about. It almost seems like a capitalistic approach to communism which I had no idea existed. The oddest thing about it to me is that most parties advocating for it were highly religious and right wing. On the surface, it seems fairly progressive and left leaning to me though.

What are your thoughts?

If so, how'd you hear about lemmy?

It feels like everyone here came from reddit but I'm curious if anyone found lemmy organically