Global Trade Alert
Global Trade Alert

Canada: Additional measures to protect steel and softwood lumber sectors, including tariffs and tightened tariff-rate quotas (November 2025)

Announcement

26 Nov 2025

In November 2025, the Canadian government announced new measures to protect and strengthen its steel and softwood lumber sectors. These initiatives include tighter tariff rate quotas on steel imports, a new global tariff on certain steel-derivative products, and additional financing for the Softwood Lumber Guarantee Program.

Source

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Number of interventions

4

3 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

26 Dec 2025

Revocation date:

No revocation date

Updated: 19 Dec 2025
Import tariff quota In force

Recent update from 11 Dec 2025:

Update

On 11 December 2025, the government of Canada issued Order Amending the Order Imposing a Surtax on the Importation of Certain Steel Goods, confirming that the reductio...

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Updated: 19 Dec 2025
Import tariff In force

Recent update from 11 Dec 2025:

Update

On 11 December 2025, the government of Canada published the Steel Derivative Goods Surtax Order (SOR/2025-0267), officially implementing a 25% surtax on imported steel...

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Updated: 19 Dec 2025
Import tariff quota In force

Recent update from 11 Dec 2025:

Update

On 11 December 2025, the government of Canada issued Order Amending the Order Imposing a Surtax on the Importation of Certain Steel Goods, confirming that the reductio...

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Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 26 Nov 2025
Loan guarantee

Recent update from 26 Nov 2025:

On 26 November 2025, Mark Carney, the Prime Minister of Canada, announced the provision of an additional CAD 500 (USD 356.21) million to the Business Development Bank of Canada (BDC) Softwood Lumbe...

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