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Spring Economic Update 2026: Our plan: Canada strong for all
Published by the Department of Finance Canada on April 28, 2026.
The Spring 2026 economic update, written before the July 20 duties: about 85 percent of goods trade tariff-free, and chart 0.7's text version Average Tariff Rate Canada 5.2 Global 11.4.
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… </tbody> </table> </div> </details> </footer> </figure> <figure class="panel panel-default boxAttached"> <div class="boxAttachedTitle"> <p><span class="lead"><strong>Canada Has the Best Deal of Major U.S. Trading Partners</strong></span></p> </div> <div class="panel-heading boxAttachedSubtitle"> <p>With approximately 85% of our goods trade tariff-free, Canadian exporters enjoy the lowest average U.S. tariff among all major trading partners, although some sectors remain deeply impacted.</p> </div> <figcaption class="panel-heading boxAttachedSubtitle">Chart 0.7 </figcaption> <div class="panel-body"> <img class="img-responsive full-width" src="./img/chart0-7-eng.svg" alt="Chart image" /> </div> …
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- Canada's counter-tariffs on C$27.6 billion (about US$20 billion) of U.S. goods took effect September 8 · cited for the Spring 2026 update's 85 percent tariff-free line and chart 0.7 average-tariff table, dated before July 20
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