Dst 2024 Canada Dollar. The highest usd/cad exchange rate in 2024 was 1.3877 canadian dollars per us dollar on august 1, 2024. Consequently, canada remains committed to implementing the digital services tax (dst) in 2024 without any delay, even in light of the consensus reached by 138 countries and jurisdictions on 12 july 2023, to extend the freeze on the implementation of digital services taxes for an additional year.
The canadian dollar is currently trading at 1.3576 cad against the us dollar. On july 12, 2023, deputy prime minister and minister of finance chrystia freeland restated canadaโs intention to implement a canadian digital services tax (โdstโ) as of january 1, 2024 with retroactive effect to january 1, 2022.