Social Security Agreement and protocol between Canada and Italy ratified

Canada’s Minister of Finance and National Revenue announced a provisional safeguard measure, in the form of a 25% surtax, on imports of certain wood cabinets and vanities, on 31 July 2026, while the Canadian International Trade Tribunal safeguard

The Italian Revenue Agency has issued a measure setting out the practical rules for claiming tax relief on bonuses and variable remuneration paid in the form of bonuses and stock options in the financial sector. The measure, signed by the

The Department of Finance Canada has launched a consultation on draft amendments to the Global Minimum Tax Act that would update the definition of a "deduction/non-inclusion arrangement" under subsection 47(1). The Department of Finance Canada

Italy's Ministry of Infrastructure and Transport has published a decree of 23 May 2026 in the Official Gazette on 21 July 2026, setting out the implementing rules for a temporary tax credit to support the road haulage sector in response to the

President Donald Trump said on Tuesday, 28 July 2026, that he has no interest in revising the six-year-old US-Mexico-Canada Agreement (USMCA), stating that the trade deal matters far more to Mexico and Canada than to the US. The position comes as

US President Donald Trump renewed his threat to impose tariffs on Canada in response to wildfire smoke drifting across the border on 24 July 2026, telling reporters: "We're going to put a big tariff on Canada because of the smoke." The statement