Ottawa extends tariff relief program to June 30, 2028

The federal government is extending its relief 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.

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.

Ottawa says it's 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 adjust to tariffs on U.S. imports. The expansion beyond steel means more sectors can apply for remission. Goods that can be sourced domestically will be excluded from the program.

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Sources

• castanet.net: Ottawa amends, extends tariff relief program beyond U.S. steel imports - Castanet.net
• thestar.com: Ottawa amends, extends tariff relief program beyond U.S. steel imports

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