Canada Responds to the Evolving Global Trade Landscape

Department of Finance Canada has published an interactive webpage dedicated to assisting users in navigating the complex surtax and remission environment.

 The global trade landscape is rapidly changing, with the actions of certain countries reshaping Canada’s economic relationships and causing major disruptions around the world.

For Canada, this has hindered export opportunities for key sectors, including for the steel, aluminum and automotive sectors. It has also heightened the risk of diversion of foreign products towards Canada, in particular for steel products and steel derivative goods.

These new challenges have compounded the negative effects of longstanding non-market policies and practices that have led to unfair trade and competition for Canadian producers, in particular for the steel sector.

The government has responded by applying tariffs. To mitigate their unintended effects, the government is providing remission for these tariffs to support Canadian businesses in the context of evolving global supply chains. Goods imported into Canada may qualify for tariff relief, via a waived tariff or a refund, in specific circumstances.

This page highlights: 

Canada’s tariff response by sector

And Remission programs for Canadian importers impacted by tariffs

Canada’s tariff responses to the changing global trade landscape

Questions or concerns can be directed to our Canadian regulatory team.