
Please note: This situation continues to evolve, and the information provided on this page may change as new developments emerge.
In November 2024, U.S. President-elect Donald Trump announced proposed tariffs on Canada’s steel industry. Since that announcement, the Canadian Institute of Steel Construction (CISC) has worked closely with our members, industry partners, and government officials to help navigate this evolving trade environment and advocate for measures that support Canadian steel fabricators and the wider steel construction industry.
The CISC has focused on:
- Advocating for domestic procurement requirements on publicly funded construction projects that receive taxpayer funding, helping to advance the federal Buy Canadian policy.
- Supporting the development of strategic trade measures that strengthen Canada’s domestic steel industry and enhance the competitiveness of Canadian steel fabricators.
- Working with governments to secure meaningful support programs and policy measures for the steel construction sector.
- Engaging with industry stakeholders to identify challenges, share information, and ensure a coordinated response to ongoing trade developments.
U.S. Tariffs Frequently Asked Questions
Have more questions?
Please contact Rita Rahmati, Director of Communications and Public Affairs at rrahmati@cisc-icca.ca
Government Supports
Tariff Remissions
The Department of Finance is accepting applications for the remission of duties where goods cannot be reasonably sourced from within Canada or from non-U.S. alternatives. A remission exempts a particular product from tariffs. In their applications, companies must provide documentation showing efforts to source alternatives. Supporting evidence such as supplier correspondence, market analysis, and procurement records strengthens the application.
Regional Tariff Response Initiative
Small businesses with $1 million in annual revenue will have access to $3 million in non-repayable loans and a $ 2 million interest-free loan through the Regional Tariff Response Initiative. The cap on non-repayable contributions will increase from $1 million to $3 million and will now include support for demonstrated liquidity needs, in addition to existing support for pivot or capital investment plans. Available liquidity support will be up to $2 million.
Business Development Bank of Canada (BDC)
The Business Development Bank of Canada (BDC) is offering $500 million in low-interest loans to businesses directly affected by tariffs through the Pivot to Grow program. These loans are intended for companies that are experiencing supply chain disruption or customer loss due to the tariffs. Through the BDC, small businesses will have access to $250,000 – $5 million in support through interest-free loans, which are non-repayable for the next 36 months. Eligibility for BDC’s direct tariff-related support programs will be expanded by lowering annual revenue requirements for applicants to $1 million. This includes Pivot to Grow and targeted support programs for the steel sector.
Canada Strong Diversification Fund
Larger businesses will have access to a new stream of the Strategic Response Fund, into which the government has announced it will put $2 billion in funding to support tariff-impacted companies with shovel-ready projects.
Large Enterprise Tariff Loan (LETL) facility
The government announced new flexibilities to the $10 billion LETL facility to provide flexible liquidity to bridge large employers through this period, including increasing supports from 24 to 36 months, and increasing the maximum loan term from 10 years to 15 years.
Financial Assistance for Exporters
Export Development Canada (EDC) is deploying a $5 billion Trade Impact Program to help affected businesses identify new international markets, manage credit and currency risk, and secure working capital. The program is intended to support market diversification and preserve jobs in key export sectors, including steel. More details on this program will be rolled out in the coming months
Employment Insurance Support
New EI provisions have been launched to assist workers in sectors directly impacted by the trade conflict. These measures provide greater flexibility for qualification and faster access to benefits. The federal government has acknowledged that steel and manufacturing workers may be particularly hard hit and has committed to ensuring timely support for our workers. Special measures have also been introduced under the EI Work-Sharing program to support businesses affected by the tariffs. Employers experiencing a decline in business activity attributable to the threat or potential realization of U.S. tariffs may be eligible for special support.
Useful Links
- Fact Sheet: President Donald J. Trump Restores Section 232 Tariffs (February 11, 2025)
- Proclamation 10896 of February 10, 2025: Adjusting Imports of Steel Into the United States (February 18, 2025)
- Canada announces robust tariff package in response to unjustified U.S. tariffs (March 4, 2025)
- Process for requesting remission of tariffs that apply on certain goods from the U.S. (March 4, 2025)
- Canada responds to unjustified U.S. tariffs on Canadian steel and aluminum products (March 12, 2025)
- List of products from the United States subject to 25 per cent tariffs effective March 13, 2025 (March 12, 2025)
- Harmonized Tariff Schedule
- Canada Tariff Finder
- Canada announces targeted countermeasures and substantive support for workers and businesses in response to U.S. tariffs
- Support for Canadian workers and businesses affected by U.S. tariffs
- List of products from the United States subject to counter-tariffs effective (September 8, 2026)
- Section 338 Proclamation (September 8, 2026)