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16 April 2026 by Deloitte - Global
Over the past 12 months, the most significant change to Canada’s trade-related tax and tariff landscape has been the introduction and/or escalation of tariffs between Canada and the United States (“US”) (among other countries). The US government has imposed tariff measures on key Canadian exports—including non-eligible goods under the Canada-United States-Mexico Agreement (CUSMA) or energy and potash (at reduced rates), steel, aluminum, and vehicles—citing security and trade concerns.