Finance Canada minister meets provincial counterparts on U.S. trade response and counter-tariffs

Canada's Department of Finance said Minister of Finance and National Revenue François-Philippe Champagne met virtually with provincial and territorial finance ministers to discuss Canada's response to ongoing U.S. trade measures, including Canadian counter-tariffs, implementation of the remission framework, and supports for affected workers and businesses. The minister highlighted a recently announced $7.5 billion package of new and enhanced measures to protect workers and businesses facing trade-related pressures. Ministers also discussed internal trade barriers, mutual recognition, regulatory cooperation and increasing the use of Canadian steel in major projects. The release states no new measure, rate or effective date.

CBSA updates surtax and TRQ rules for certain steel goods under SOR/2026-0119

The Canada Border Services Agency states in Customs Notice 25-24 that the Order Imposing a Surtax on the Importation of Certain Steel Goods (SOR/2025-148), as amended by SOR/2025-155, SOR/2025-266 and SOR/2026-0119, applies a 50% surtax on the value for duty of certain steel goods originating outside Canada, the United States and Mexico, with the SOR/2026-0119 amendments effective June 27, 2026 extending the tariff rate quota surtax until June 27, 2027 and changing Schedules 1 and 2.

Canada's Department of Finance highlights $30-million LETL loan to Conifex Timber Inc.

Canada's Department of Finance states that Minister of Finance and National Revenue François-Philippe Champagne highlighted a $30-million loan to Conifex Timber Inc. through the Large Enterprise Tariff Loan (LETL) facility, announced September 18, 2026 in Mackenzie, British Columbia. The funding is intended to help the forest products company adapt to current conditions and support its workers. The department says recent improvements to the LETL program include greater liquidity support and longer repayment terms. Conifex operates a sawmill and bioenergy plant in Mackenzie, British Columbia, supports 260 direct jobs and exports most of its products to the United States.

CBSA amends United States Surtax Remission Order (2025) for goods used in Canadian manufacturing, health care and security

The Canada Border Services Agency advises that the United States Surtax Remission Order (2025) has been amended to grant relief of surtaxes paid or payable under the United States Surtax Order (2025-1), the United States Surtax Order (2026), the United States Surtax Order (Steel and Aluminum 2025) and the United States Surtax Order (Motor Vehicles 2025) for eligible goods, including goods imported for use in Canadian manufacturing, processing and food and beverage packaging, and for public health, health care, public safety and national security uses.

Finance Canada reviews CITT safeguard report on global canned and frozen vegetable imports

Canada's Department of Finance states that the Canadian International Trade Tribunal issued its report in the safeguard inquiry into whether global imports of certain canned and frozen vegetables are causing or threatening serious injury to Canadian producers, and that the government will review it and announce its decision in due course. The 10 per cent surtax on global imports of canned vegetables announced on June 10, 2026, remains in place for its maximum duration of 200 days or until it is replaced by final safeguard measures. The inquiry was initiated on March 13, 2026, when the government directed the CITT to examine those imports.

CBSA applies 15%, 25% or 50% surtax on certain U.S.-origin goods from September 8, 2026

CBSA states in Customs Notice 26-23 that, effective September 8, 2026, certain goods imported into Canada and originating in the United States are subject to a surtax of 15%, 25% or 50% of the value for duty under the United States Surtax Order (2026), with the Schedules to the Order listing the goods and applicable rates. The surtax applies only to goods that originate in the U.S. and does not apply to goods eligible to be marked as originating from Puerto Rico, Guam, the Northern Mariana Islands, American Samoa or the U.S. Virgin Islands.

Finance Canada schedules Minister Champagne announcement on lowering everyday costs

Canada's Department of Finance and National Revenue states that Minister François-Philippe Champagne will make an announcement on September 2, 2026 at 1:30 p.m. as part of the government's efforts to help Canadian families and businesses lower everyday costs. The notice does not state what measure will be announced. Media must register by contacting mediare@fin.gc.ca and arrive by 1:00 p.m.

Finance Canada announces $7.5 billion package of tariff support measures for workers and businesses

Canada's Department of Finance announced a $7.5 billion package of new and enhanced measures for workers and businesses affected by U.S. tariffs, on top of nearly $25 billion in supports implemented over the past 18 months. Effective September 2026, the Regional Tariff Response Initiative receives $1.5 billion more, with the cap on non-repayable contributions rising from $1 million to $3 million and liquidity support of up to $2 million. The package also adds a $500 million BDC liquidity stream, the Canada Strong Diversification Fund with $2 billion, $3.5 billion in Rapid Response Supports for Workers and Employers, and expanded terms for the $10 billion Large Enterprise Tariff Loan facility.

Finance Canada lists U.S. dairy, honey and molasses products subject to counter-tariffs from September 8, 2026

Finance Canada says dollar-for-dollar counter-tariffs on U.S. goods take effect September 8

Canada's Department of Finance says dollar-for-dollar counter-tariffs responding to newly imposed U.S. tariffs on Canadian goods will take effect on September 8, following a virtual meeting between Minister of Finance and National Revenue François-Philippe Champagne and provincial and territorial finance ministers. Minister Champagne said a major support package will soon be announced to help businesses maintain liquidity and support Canadian workers, and invited provincial and territorial ministers to provide input on proposed countermeasures, implicated products, and supports. The meeting also covered the suspension of trade negotiations with the United States, internal trade barriers, Buy Canadian initiatives and export market diversification.

Finance Canada ministers to announce Canadian response to U.S. tariffs at August 25 press conference

Canada's Department of Finance states that the Minister of Finance and National Revenue, François-Philippe Champagne, along with Ministers Mélanie Joly, Patty Hajdu and Evan Solomon, will hold a joint press conference on Tuesday, August 25, 2026 to announce new measures to protect and support Canadian workers and businesses in response to U.S. tariffs. A background technical briefing for media is scheduled for 9:00 a.m. that day, with the site visit at 10:30 a.m. and the press conference at 11:00 a.m. in Ottawa. The announcement does not state which measures, products or tariff lines will be covered.

CBSA clarifies TRQ import permit process for goods entered into customs bonded warehouses

CBSA states in Customs Notice 26-20 that goods subject to tariff rate quotas entered into a customs bonded warehouse must have a valid shipment-specific import permit issued by Global Affairs Canada to be accounted for at the "within access" rate of duty, and that the permit's validity period must cover the date the goods exit the warehouse. The notice says this is a clarification of existing application, not a change in policy, and applies to all goods subject to TRQs.

CBSA applies 25% provisional safeguard surtax to certain wood cabinets and vanities

CBSA states in Customs Notice 26-17 that, effective July 31, 2026, certain wood cabinets and vanities and their subassemblies imported into Canada for commercial purposes are subject to a 25% surtax on value for duty under the Certain Wood Cabinet and Vanity Goods Surtax Order, for a period of up to 200 days while the CITT conducts a safeguard inquiry.

Canada imposes provisional safeguard surtax on certain wood cabinets and vanities

Finance Canada provides $60 million loan to Arbec Bois d'œuvre through Large Enterprise Tariff Loan facility

Canada's Department of Finance announced that the federal government is providing a $60 million loan to Arbec Bois d'œuvre Inc. through the Large Enterprise Tariff Loan facility. The funding is intended to help the softwood lumber producer maintain operations, transition to a business model less reliant on the United States, and limit disruption to its workforce. Arbec operates eight plants in Saguenay-Lac-Saint-Jean, Mauricie and Côte-Nord and employs nearly 800 people.

Finance Canada announces $100 million loan to Millar Western Forest Products

Canada's Department of Finance announced on July 27, 2026, a $100 million loan to Millar Western Forest Products Ltd. through the Large Enterprise Tariff Loan (LETL) facility, which the government says will give the company flexibility to rebuild its log inventory and adapt to market conditions. Millar Western produces hardwood and softwood pulp at three mills in Slave Lake and Whitecourt, Alberta, and Quesnel, British Columbia, and employs more than 420 full-time workers. The department cites ongoing U.S.-China trade disputes and weak market conditions for softwood lumber, pulp and other forest products.

CITT initiates safeguard inquiry into certain wood goods

The Canadian International Trade Tribunal was directed by the Governor in Council, on the recommendation of the Minister of Finance, to inquire into imports of three classes of goods: solid and engineered wood cabinets and vanities, solid and engineered hardwood flooring, and engineered-wood storage furniture (safeguard inquiry GC-2026-001). The inquiry will determine whether these goods are imported into Canada in such increased quantities and under such conditions as to be a principal cause of serious injury or threat of serious injury to Canadian producers of like or directly competitive goods.

CBSA updates China Surtax Remission Order guidance and special authorization codes

The Canada Border Services Agency states in Customs Notice 25-05 that the China Surtax Remission Order (2024), SOR/2025-12, effective January 31, 2025, relieves surtaxes paid or payable under the China Surtax Order (2024) on eligible goods in Schedule 1 or Schedule 2, granted under section 115 of the Customs Tariff. The updated notice aligns with the Order Amending the China Surtax Remission Order (2024) and sets out special authorization codes 25-054A through 25-054M for the Special Authority OIC field on the Commercial Accounting Declaration, each tied to specific Schedule 2 items and import periods.

CITT initiates safeguard inquiry into certain vegetable goods, GC-2025-001

The Canadian International Trade Tribunal, directed by the Governor in Council on the recommendation of the Minister of Finance, has initiated a safeguard inquiry (GC-2025-001) into whether certain vegetable goods are being imported into Canada in increased quantities and under conditions that are a principal cause of serious injury or threat of serious injury to Canadian producers of like or directly competitive goods. If it makes an affirmative determination, the Tribunal is directed to recommend the most appropriate remedy over a three-year period, considering the effect on consumer affordability of certain vegetable goods and food security. The Tribunal must report to the Minister by September 9, 2026.

CBSA sets out how to claim FIFA Men's World Cup 2026 remission order benefits

The Canada Border Services Agency states in Customs Notice 25-30 that the FIFA Men's World Cup 2026 Remission Order relieves customs duties, surtaxes, excise taxes and GST/HST on goods imported for the 2026 FIFA Men's World Cup, with goods imported between July 1, 2025 and July 19, 2026 eligible and claims due to the Minister of Public Safety and Emergency Preparedness within two years of accounting under section 32 of the Customs Act. Alcoholic beverages, tobacco products and vaping products are excluded from remission.

Canada removes EU frozen pork from Import Control List and repeals EU surtax order

Global Affairs Canada states in Notice to Importers No. 797 that the Order Amending the Import Control List and Repealing the European Union Surtax Order (P.C. 2011-831, July 29, 2011) removed frozen pork from the European Union from item 194 of the Import Control List and repealed the European Union Surtax Order, effective July 29, 2011. The item covers frozen meat of pork under tariff item No. 0203.29.00 of the Customs Tariff, originating in Austria, Belgium, Denmark, Finland, France, the Federal Republic of Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden or the United Kingdom of Great Britain and Northern Ireland.