Canada extends relief from US import tariffs

NEW YORK (ANTARA) – Canada said on Monday (9 November) that it would extend some relief from retaliatory tariffs on goods from the United States and expand the range of imported goods eligible for the relief.

Finance Minister François-Philippe Champagne announced the changes in a statement.

He said the measures were intended to provide better support for Canadian businesses and workers affected by US tariffs, while encouraging the use of Canadian-made goods wherever possible.

The broad exemption, known as “horizontal remission”, has been extended for one year, until 30 June 2028.

The relief has also been expanded to cover non-steel goods used in mining, quarrying, or oil and gas extraction, as well as all goods used by public educational institutions, including those run by Indigenous organisations.

The Canadian government said it would gradually remove from the relief programme goods that can be readily sourced within Canada.

The ministry added that it would provide targeted relief to companies forced to continue purchasing from the US because of exceptional circumstances, such as shortages of goods in Canada or contractual obligations requiring them to keep buying from the US.