New federal support for Canadian businesses affected by U.S. tariffs
On April 15, 2025, the federal government announced three new measures to aid Canadian businesses and entities affected by the ongoing tariff dispute with the U.S. These measures are: conditional remissions on CUSMA-compliant auto imports; temporary tariff relief on goods for critical industries; and a loan program for large businesses. Remissions for automakers The government intends to implement a performance-based duty remission framework for automakers. The measure will allow Canadian…

