news-nouvelles

Supporting Canadian Industries Affected by U.S. Tariffs

October 23, 2026 news-nouvelles

In a time of global economic uncertainty and evolving trade relations, our government is focused on what we can control: protecting Canadian workers, supporting businesses and strengthening our economy. As U.S. tariff measures and trade conditions continue to evolve, we are adapting our response to help Canadian industries navigate uncertainty, remain competitive and protect jobs.

To date, our government has provided nearly $32.5 billion in tariff relief and support through programs including the Regional Tariff Response Initiative, the Strategic Response Fund and the Business Development Bank of Canada.

Canada has also introduced new counter-tariffs on targeted U.S. imports, with rates matching the corresponding American tariffs. Effective September 8, 2026, these measures cover additional products, including steel, aluminum, agricultural equipment, appliances and other goods. These counter-tariffs respond directly to U.S. measures and will remain in place until the United States removes its tariffs.

At the same time, our government recognizes that some Canadian businesses rely on products imported from the United States. The tariff remission framework remains available to provide relief where warranted, including when goods cannot be sourced domestically or exceptional circumstances threaten economic stability. Certain goods used in public health, public safety, national security, manufacturing, food processing and agricultural production may qualify for existing exemptions. Businesses not automatically covered can submit individual requests for consideration.

We are working with provinces, territories, businesses and stakeholders to monitor the evolving situation, understand its impacts and respond to the needs of affected workers and communities.

As trade conditions change, our government will continue to focus on strengthening Canada’s economic resilience, expanding trade relationships and reducing our reliance on a single trading partner. By supporting Canadian industries today and diversifying our markets for tomorrow, we can build a stronger, more competitive economy that creates opportunities for workers and businesses across the country.

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