Surtax

On February 24, 2026, the Government of Canada released the Steel Derivative Goods Surtax Remission Order. This order provides broad remission to several categories of goods effected by the Steel Derivative Surtax to address situations where goods cannot be sourced domestically, or where other exceptional circumstances could have adverse impacts on the Canadian economy. Background: What is Steel Derivative Surtax? Introduced in December of 2025, the 25% Steel Derivative S

Effective December 26th, 2025, Canada will further reduce the tariff rate quota (TRQ) levels for steel imports that came into force in June of 2025.

As part of new measures to protect the steel and lumber industry, the Government of Canada has announced an upcoming 25% global tariff on specified steel derivative products.

The Canada Border Services Agency (CBSA) recently announced important updates regarding the US surtax remission order. If you work in cross-border trade or customs compliance, understanding these updates is essential to avoid costly mistakes and ensure smooth transactions.