SURTAX ON STEEL DERIVATIVE GOODS
BUSINESSES AND CONSUMERS TO FEEL FINANCIAL IMPACT OF NEW SURTAX
During the Christmas holiday season, the Federal Government of Canada quietly adjusted its trade policy QUITE significantly. A significant development on this front is likely Canada’s enactment of the Steel Derivative Goods Surtax Order (the “Steel Derivative Surtax”) through an Order in Council.
We report below on the application of the Steel Derivative Surtax, and the particular goods targeted by these measures, and potential financial relief that may be available for businesses.
Tagged in:
Federal Government of Canada
Global Trade Measure
Importers
Steel Derivative Surtax
Value for Duty
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