Worldview Advisory
Canada

Ottawa extends and widens tariff relief for importers to June 30, 2028

The changes let more firms recover counter-tariffs on U.S. goods, a shift that affects business costs and how federal support is targeted across sectors.

Photo: Alex Ohan, Pexels

What happened

Finance Minister François-Philippe Champagne announced changes to Canada's tariff relief measures to better support businesses and workers affected by U.S. tariffs. Government of Canada+1 The government extended the horizontal remission for U.S. tariffs by one year, to June 30, 2028. Government of Canada+1 The relief now includes non-steel goods used by firms, and mining, quarrying, and oil and gas companies that import non-steel inputs from the U.S. can now recover the counter-tariffs they pay. Government of Canada+1 The changes also extend relief to all goods used by public education entities, including those mandated by Indigenous organizations. The Hub Ottawa will begin removing relief from goods it has identified as having domestic production, and certain trailers lose eligibility on December 1. The Hub

Around it

The government said the changes encourage the use of Canadian-made goods wherever possible. Government of Canada A Canadian textile maker battered by U.S. tariffs is looking to expand production south of the border, according to a separate report on the trade war. BNN

What comes next

Certain trailers lose eligibility for the remission program on December 1. The Hub

Sources

  1. Government of CanadaCanada modifies tariff relief measures to better support workers and businesses
  2. The HubOttawa widens tariff relief to resource sector, extends remission program to 2028
  3. BNNTrade War

More from Canada

Worldview Advisory

Welcome to Worldview Advisory. We're a public affairs and capital markets advisory firm, focused on political risk for asset owners, investors, boards and executives. How can we help?