News

The Minister of Finance and National Revenue, François-Philippe Champagne, announced relief to support Canadian businesses affected by the countermeasures Canada has implemented in response to the tariffs imposed by the United States:

• the current exemption for U.S. goods used in manufacturing, processing, or food and beverage packaging has been extended for an additional two months, and now includes goods used in agricultural production.

• the temporary exemption from tariffs on imports of U.S. goods that are used to support public health, health care, public safety and national security objectives has also been extended for an additional two months.

• In addition to these changes, further relief from Canada’s tariffs on imports from the U.S. and China have now been implemented for companies that met strict conditions such as demonstrating short supply or existing contractual obligations.