Canada collects hundreds of millions from counter‐tariffs boost
Monday, June 2, 2025, 1:22 pm
Canadian authorities report a significant surge in import duties during March, with extra revenue of around $600–617 million generated by counter‐tariff measures against U.S. trade restrictions. The recalibration of the tariff list proved lucrative amid ongoing trade tensions, providing a surprising fiscal upside.
Bluesky: @ledevoir.com
Tories continuing to press Carney Liberals on Canada's counter-tariffs during question period
Revenues from customs import duties topped $1 billion in March, more than double the figure from a year earlier
The federal government's latest fiscal monitor report shows revenues from customs import duties topped $1 billion in March, more than double the figure from a year earlier.
Ottawa collected an extra $617 million in import duties this past March compared to a year earlier as counter-tariffs against U.S. trade restrictions came into effect. The federal government’s latest fiscal monitor report, published late last week, shows revenues from customs import duties topped…
Depuis, le gouvernement Carney a réduit la liste des biens importés des États-Unis concernés par ces mesures.
A rate hold should provide support to the Canadian dollar, while a cut would make the loonie less attractive to investors
permalink / 6 stories from sources in 2 days ago #federal #finance #tariffs #canada
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