Canada Responds to US Tariffs with Relief Measures for Automakers and Businesses

In response to tariffs imposed by the United States since March, including a 25% tax on Canadian automobiles in April, the Canadian government has introduced relief measures for its industries. Automakers will receive performance-based relief, allowing them to import certain U.S. vehicles without charge if they maintain production and investment in Canada. The Canadian government is also providing a six-month relief period for goods imported from the U.S. used across various business sectors, encouraging a shift to domestic sourcing. A "Large Enterprise Tariff Loan Facility" has been established to assist large companies facing difficulties due to the tariffs.