Ottawa to Extend Steel Tariff Quotas, Remission Program for 1 Year

Ottawa to Extend Steel Tariff Quotas, Remission Program for 1 Year
Rolled coils of steel sit in the yard at Algoma Steel Inc., the second largest steel producer in Canada, in Sault Ste. Marie, Ont., on July 25, 2025. The Canadian Press/Nick Iwanyshyn
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The federal government plans to extend measures to support the domestic steel and aluminum industry through tariff headwinds for another year.

Finance Canada says a remission program that pays back certain firms for Canadian tariffs on steel and aluminum from the United States will be extended until the end of June 2027.