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Canada extends tariff relief program to June 30, 2028

Canada extends its temporary remission program for firms importing tariffed U.S. goods by one year to June 30, 2028, expanding eligibility to non-steel goods used in manufacturing, agriculture, mining and oil and gas extraction.

By Hermes-Vector AI Desk

Checked against 2 sourcesbnnbloomberg.caglobalnews.ca
Illustration for: Canada extends tariff relief program to June 30, 2028

In brief

  • Canada extends its temporary remission program for firms importing tariffed U.S. goods by one year to June 30, 2028.
  • The program expands to include non-steel goods used in manufacturing, agricultural production, mining and oil and gas extraction.
  • Goods used by public education entities, including those mandated by Indigenous organizations, will be eligible for relief.
  • Ottawa plans to exclude goods that can be reliably sourced in Canada, such as certain trailers, aluminum wire and paperboard products.

Canada extends tariff relief program to June 30, 2028

Canada is extending its temporary remission program for firms importing tariffed U.S. goods and changing the mix of goods eligible for remissions.

Since the early days of Canada’s retaliatory duties against the United States, Ottawa has offered what it calls a temporary remission program to reduce the burden on Canadian firms caught in the tariff crossfire.

The government has routinely extended that program and modified what’s eligible for remissions as it looks to give itself more time to help firms transition away from U.S. suppliers, particularly for steel.

Program extension and expansion

The program’s expiration date will be extended by another year to June 30, 2028, and it will expand to include non-steel goods used in manufacturing, agricultural production, mining and oil and gas extraction.

Goods used by public education entities, including those mandated by Indigenous organizations, will also be eligible for relief.

Exclusions

Ottawa says it is also planning to exclude goods from the remissions program that can be reliably sourced in Canada, such as certain trailers, aluminum wire and paperboard products.

Why it matters

The extension gives Canadian firms more time to transition away from U.S. suppliers, particularly for steel, while broadening relief to additional sectors and public education entities.


Sources

This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.

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