Sign up for our free daily newsletter!
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 Friday, July 25, 2025. THE CANADIAN PRESS/Nick Iwanyshyn
By The Canadian Press

Ottawa to extend steel tariff quotas, remission program for 1 year

Jun 3, 2026 | 3:20 PM

OTTAWA — 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.

Steel imports from countries except the United States and Mexico will also continue to be hit with 50 per cent tariffs above a certain quota for an additional year.

Both programs were set to expire later this month.

The Canadian Steel Producers Association has praised the tightening of Ottawa’s import quota regime but has criticized ongoing extensions to the remission program, arguing it waters down the effectiveness of Canada’s response to U.S. tariffs.

city will look to replace some buses in 2027
City clarifies what to do if your bus isn't the bus you expected
2h ago
Instead of morning start time
Red Deer city council's June 9 meeting moved to 1 p.m.
5h ago
With assistance from other detachments
Red Deer RCMP make multiple arrests in a series of linked investigations
5h ago

Finance Canada says the planned extensions are meant to protect the domestic industry from damaging global trade practices and offer predictability to affected firms.

This report by The Canadian Press was first published June 3, 2026.

Craig Lord, The Canadian Press

by The Canadian Press

What's Trending

city will look to replace some buses in 2027
City clarifies what to do if your bus isn't the bus you expected
2h ago
Instead of morning start time
Red Deer city council's June 9 meeting moved to 1 p.m.
5h ago
With assistance from other detachments
Red Deer RCMP make multiple arrests in a series of linked investigations
5h ago
kyle soloway, 33
Released child sexual offender believed to be in Red Deer County
5h ago
February 2026 Incident
Preliminary hearing scheduled for suspect charged in fatal central Alberta shooting
6h ago