Canada
June 5, 2026
AMU: Canada to extend tariffs on some steel, aluminum products
Written by Stephanie Ritenbaugh
This piece was first published by Aluminum Market Update (AMU), SMU’s nonferrous sister publication. To learn about AMU, visit their website or sign up for a free trial.
Canada plans to extend tariffs on certain steel and aluminum products for one year, Minister of Finance and National Revenue François-Philippe Champagne announced.
The measure, subject to cabinet approval, would extend its steel tariff-rate quota (TRQ) regime for imports from non-USMCA partners; the existing horizontal tariff relief for eligible steel and aluminum products from the United States; and for eligible steel products subject to derivative tariffs.
The extensions would run to June 27 and June 30, 2027, respectively.
Champagne said the measures are intended to shield workers and the metals industry from global excess capacity and provide the industry with more certainty.
Current TRQ levels would continue to be based on 20% of 2024 import volumes for partners without a free trade agreement with Canada and 75% for partners with a free trade agreement.
Imports exceeding quota limits will continue to be subject to a 50% tariff.
“Supporting Canada’s steel and aluminum industry means strengthening our regional economies and the future of shared prosperity,” Champagne said in a statement. “This is about continuing to stand up for our steel and aluminum workers and industries and the communities that rely on them. With this one-year extension, we are providing the clarity and predictability businesses need to thrive, while protecting good Canadian jobs from steel trade diversion and nonmarket practices that drive global excess capacity.”
