The Catch.A permanent record of checked claims
RECORDSAVED COPY

Saved copy of

Canada announces targeted countermeasures

Department of Finance Canada · 2026-08-25

Back to source details

Jump to the cited passage
<!doctype html>

<!--[if lt IE 9]>
<html class="no-js lt-ie9" dir="ltr" lang="en" xmlns="http://www.w3.org/1999/xhtml">
<![endif]-->
<!--[if gt IE 8]><!-->
<html class="no-js" dir="ltr" lang="en" xmlns="http://www.w3.org/1999/xhtml">
<!--<![endif]-->
<head>
    
<meta http-equiv="X-UA-Compatible" content="IE=edge"/>
<meta charset="utf-8"/>
<title>Canada announces targeted countermeasures and substantive support for workers and businesses in response to U.S. tariffs - Canada.ca</title>
<meta content="width=device-width,initial-scale=1" name="viewport"/>


	<meta name="content-page-ref" content="qDXvbDLVz6dqE3VkUsNuO94lkias0I1IrRbUDve6cl6aKoy7msNZJtQsJXU0fvTFRVmwKUgi1_7DKL_35o1dIdPQMOjbvtwyrIwfS34k1zfkqHrKJJH5xuEoASvjW1VJsDFmKYBln5c-Fo-fglsvQENSfVz3DBALONT2m1QO9M8dZkp6Nq27DG3PzsarZtkof3B2wvMhTLerdaVCjq-2QgStAvHRsqZYwO0P9gF22SEo300C6fJtBphyRbnPA3QlfUS9PlCwR8h5bfdFCQG4UA">
<link rel="schema.dcterms" href="http://purl.org/dc/terms/"/>
	<link rel="canonical" href="https://www.canada.ca/en/department-finance/news/2026/08/canada-announces-targeted-countermeasures-and-substantive-support-for-workers-and-businesses-in-response-to-us-tariffs.html"/>
    <link rel="alternate" hreflang="en" href="https://www.canada.ca/en/department-finance/news/2026/08/canada-announces-targeted-countermeasures-and-substantive-support-for-workers-and-businesses-in-response-to-us-tariffs.html"/>
	
        <link rel="alternate" hreflang="fr" href="https://www.canada.ca/fr/ministere-finances/nouvelles/2026/08/le-canada-annonce-des-contre-mesures-ciblees-ainsi-que-des-mesures-importantes-pour-soutenir-les-travailleurs-et-les-entreprises-en-reponse-aux-dro.html"/>
	
	
		<meta name="description" content="Following the U.S. decision to impose a 50 per cent tariff on $27.6 billion of Canadian goods effective August 22, Minister Champagne confirmed today that Canada will match the new U.S. tariffs dollar for dollar, rate for rate, with additional Canadian tariffs on U.S. goods.  "/>
	
	
		<meta name="keywords" content="Economics and Industry,Department of Finance Canada,Canada,Money and finances,general public,news releases,Hon. François-Philippe Champagne"/>
	
	
		<meta name="author" content="Department of Finance Canada"/>
	
	
		<meta name="dcterms.title" content="Canada announces targeted countermeasures and substantive support for workers and businesses in response to U.S. tariffs"/>
	
	
		<meta name="dcterms.description" content="Following the U.S. decision to impose a 50 per cent tariff on $27.6 billion of Canadian goods effective August 22, Minister Champagne confirmed today that Canada will match the new U.S. tariffs dollar for dollar, rate for rate, with additional Canadian tariffs on U.S. goods.  "/>
	
	
		<meta name="dcterms.creator" content="Department of Finance Canada"/>
	
	
	
		<meta name="dcterms.language" title="ISO639-2/T" content="eng"/>
	
	
		<meta name="dcterms.subject" title="gccore" content="Economics and Industry"/>
	
	
		<meta name="dcterms.issued" title="W3CDTF" content="2026-08-25"/>
	
	
		<meta name="dcterms.modified" title="W3CDTF" content="2026-08-25"/>
	
	
		<meta name="dcterms.audience" content="general public"/>
	
	
		<meta name="dcterms.spatial" content="Canada"/>
	
	
		<meta name="dcterms.type" content="news releases"/>
	
	
	
	
	
		<meta name="dcterms.identifier" content="Department_of_Finance_Canada"/>
	
	
		<meta name="generator" content="gcnews"/>
	
	
        



	<meta prefix="fb: https://www.facebook.com/2008/fbml" property="fb:pages" content="378967748836213, 160339344047502, 184605778338568, 237796269600506, 10860597051, 14498271095, 209857686718, 160504807323251, 111156792247197, 113429762015861, 502566449790031, 312292485564363, 1471831713076413, 22724568071, 17294463927, 1442463402719857, 247990812241506, 730097607131117, 1142481292546228, 1765602380419601, 131514060764735, 307780276294187, 427238637642566, 525934210910141, 1016214671785090, 192657607776229, 586856208161152, 1146080748799944, 408143085978521, 490290084411688, 163828286987751, 565688503775086, 460123390028, 318424514044, 632493333805962, 370233926766473, 173004244677, 1562729973959056, 362400293941960, 769857139754987, 167891083224996, 466882737009651, 126404198009505, 135409166525475, 664638680273646, 169011506491295, 217171551640146, 182842831756930, 1464645710444681, 218822426028, 218740415905, 123326971154939, 125058490980757, 1062292210514762, 1768389106741505, 310939332270090, 285960408117397, 985916134909087, 655533774808209, 1522633664630497, 686814348097821, 230798677012118, 320520588000085, 103201203106202, 273375356172196, 61263506236, 353102841161, 1061339807224729, 1090791104267764, 395867780593657, 1597876400459657, 388427768185631, 937815283021844, 207409132619743, 1952090675003143, 206529629372368, 218566908564369, 175257766291975, 118472908172897, 767088219985590, 478573952173735, 465264530180856, 317418191615817, 428040827230778, 222493134493922, 196833853688656, 194633827256676, 252002641498535, 398018420213195, 265626156847421, 202442683196210, 384350631577399, 385499078129720, 178433945604162, 398240836869162, 326182960762584, 354672164565195, 375081249171867, 333050716732105, 118996871563050, 240349086055056, 119579301504003, 185184131584797, 333647780005544, 306255172770146, 369589566399283, 117461228379000, 349774478396157, 201995959908210, 307017162692056, 145928592172074, 122656527842056">


	


    


	<script src="//assets.adobedtm.com/be5dfd287373/abb618326704/launch-3eac5e076135.min.js"></script>










<link rel="stylesheet" href="https://use.fontawesome.com/releases/v5.15.4/css/all.css" integrity="sha256-mUZM63G8m73Mcidfrv5E+Y61y7a12O5mW4ezU3bxqW4=" crossorigin="anonymous"/>
<script blocking="render" src="/etc/designs/canada/wet-boew/js/gcdsloader.min.js"></script>
<link rel="stylesheet" href="/etc/designs/canada/wet-boew/css/theme.min.css"/>
<link href="/etc/designs/canada/wet-boew/assets/favicon.ico" rel="icon" type="image/x-icon"/>
<noscript><link rel="stylesheet" href="/etc/designs/canada/wet-boew/css/noscript.min.css"/></noscript>






    <meta name="dcterms.minister" content="Hon. François-Philippe Champagne"/>
    
    
    

    
    



    
         

                                <script>!function(a){var e="https://s.go-mpulse.net/boomerang/",t="addEventListener";if("False"=="True")a.BOOMR_config=a.BOOMR_config||{},a.BOOMR_config.PageParams=a.BOOMR_config.PageParams||{},a.BOOMR_config.PageParams.pci=!0,e="https://s2.go-mpulse.net/boomerang/";if(window.BOOMR_API_key="KBFUZ-C9D7G-RB8SX-GRGEN-HGMC9",function(){function n(e){a.BOOMR_onload=e&&e.timeStamp||(new Date).getTime()}if(!a.BOOMR||!a.BOOMR.version&&!a.BOOMR.snippetExecuted){a.BOOMR=a.BOOMR||{},a.BOOMR.snippetExecuted=!0;var i,_,o,r=document.createElement("iframe");if(a[t])a[t]("load",n,!1);else if(a.attachEvent)a.attachEvent("onload",n);r.src="javascript:void(0)",r.title="",r.role="presentation",(r.frameElement||r).style.cssText="width:0;height:0;border:0;display:none;",o=document.getElementsByTagName("script")[0],o.parentNode.insertBefore(r,o);try{_=r.contentWindow.document}catch(O){i=document.domain,r.src="javascript:var d=document.open();d.domain='"+i+"';void(0);",_=r.contentWindow.document}_.open()._l=function(){var a=this.createElement("script");if(i)this.domain=i;a.id="boomr-if-as",a.src=e+"KBFUZ-C9D7G-RB8SX-GRGEN-HGMC9",BOOMR_lstart=(new Date).getTime(),this.body.appendChild(a)},_.write("<bo"+'dy onload="document._l();">'),_.close()}}(),"".length>0)if(a&&"performance"in a&&a.performance&&"function"==typeof a.performance.setResourceTimingBufferSize)a.performance.setResourceTimingBufferSize();!function(){if(BOOMR=a.BOOMR||{},BOOMR.plugins=BOOMR.plugins||{},!BOOMR.plugins.AK){var e=""=="true"?1:0,t="",n="nrg2e7ax36e6i2vauroa-f-44b603607-clientnsv4-s.akamaihd.net",i="false"=="true"?2:1,_={"ak.v":"41","ak.cp":"368225","ak.ai":parseInt("231651",10),"ak.ol":"0","ak.cr":19,"ak.ipv":4,"ak.proto":"h2","ak.rid":"50755dcb","ak.r":41112,"ak.a2":e,"ak.m":"dscb","ak.n":"essl","ak.cport":49931,"ak.gh":"104.120.208.199","ak.quicv":"","ak.tlsv":"tls1.3","ak.0rtt":"","ak.0rtt.ed":"","ak.csrc":"-","ak.acc":"","ak.t":"1788912732","ak.ak":"hOBiQwZUYzCg5VSAfCLimQ==b7ecLPNsluzHD+1fEhV8/QvvncbwZ7WZYT3P84cW3K9lVpKQNLzyr+FwKMlepf+Mi4DRsf53XMAi9HqSHuISGfT6qxXHaSDTUFuchAJQvZIwK/qyMYWEiYahns8IlrfGdc7q9dxuiIcY7dQt9WgJrWH/SvGukUA2n1lAgwMmGIL6NSV6LxYhBsIZyPDCoAHxNB8XqgcEKjVRMi3WBTdPaBKmM8V0HgKzuVk7nTYqrrlRZP+bdDRpPTjKK6ytdT1VKe186mk4PoaGEZgAbyd2LBlkUzy0BdfbE/snxUAcVoCGJxNe8QT3dc1fMlJ4A+7tol0dB9HMW1mESgX+WaeaMlzGqalKSnySClEL7sLiVPTZfdTXrTze3K7ZFdXL0KtKeLEIHqWm7+dbb9vfeT+lgPqS4IDlzakv3/jNOlAqxgQ=","ak.pv":"843","ak.dpoabenc":"","ak.tf":i};if(""!==t)_["ak.ruds"]=t;var o={i:!1,av:function(e){var t="http.initiator";if(e&&(!e[t]||"spa_hard"===e[t]))_["ak.feo"]=void 0!==a.aFeoApplied?1:0,BOOMR.addVar(_)},rv:function(){var a=["ak.cport","ak.cr","ak.csrc","ak.gh","ak.ipv","ak.m","ak.n","ak.ol","ak.proto","ak.quicv","ak.tlsv","ak.0rtt","ak.0rtt.ed","ak.r","ak.acc","ak.t","ak.tf"];BOOMR.removeVar(a)}};BOOMR.plugins.AK={akVars:_,akDNSPreFetchDomain:n,init:function(){if(!o.i){var a=BOOMR.subscribe;a("before_beacon",o.av,null,null),a("onbeacon",o.rv,null,null),o.i=!0}return this},is_complete:function(){return!0}}}}()}(window);</script></head>

<body vocab="http://schema.org/" resource="#wb-webpage" typeof="WebPage">

<script type="application/ld+json">
{
        "@context": "http://schema.org",
        "@type": "NewsArticle",
		"@id": "#json-ld",
		"mainEntityOfPage":{
                    "@type":"WebPageElement",
                    "@id":"#mainContent"
        },
		"sameAs": "#mainContent",
        "headline": "Canada announces targeted countermeasures and substantive support for workers and businesses in response to...",
        "datePublished": "2026-08-25T11:05:23",
        "dateModified": "2026-09-08T13:10:16",
        "description": "Following the U.S. decision to impose a 50 per cent tariff on $27.6 billion of Canadian goods effective August 22, Minister Champagne confirmed today that Canada will match the new U.S. tariffs dollar for dollar, rate for rate, with additional Canadian tariffs on U.S. goods.  ",
        "author": {
          "@type": "GovernmentOrganization",
          "name": "Department of Finance Canada",
		  "parentOrganization": {
                "@type": "GovernmentOrganization",
                "name": "Government of Canada",
				"@id":"#publisher"
           }
        },
        "publisher": {
          "@type": "GovernmentOrganization",
          "name": "Government of Canada",
          "logo": {
            "@type": "ImageObject",
            "url": "https://www.canada.ca/etc/designs/canada/wet-boew/assets/sig-blk-en.png"
          },
		  "parentOrganization": { "@id": "#publisher" }
        },
        "image": "https://www.canada.ca/content/dam/canada/bck-srh.jpg",
		"speakable": {
                    "@type": "SpeakableSpecification",
                    "cssSelector": [
                    "h1",
                    ".teaser"
                    ]
        }
}

</script>


    




    
        
        
        <div class="newpar new section">

</div>

    
        
        
        <div class="par iparys_inherited">

    
    
    
    
        
        
        <div class="global-header"><nav><ul id="wb-tphp">
	<li class="wb-slc"><a class="wb-sl" href="#wb-cont">Skip to main content</a></li>
	<li class="wb-slc"><a class="wb-sl" href="#wb-info">Skip to &#34;About government&#34;</a></li>
	
</ul></nav>

<header>
	<div id="wb-bnr" class="container">
		<div class="row">
			
			<section id="wb-lng" class="col-xs-3 col-sm-12 pull-right text-right">
    <h2 class="wb-inv">Language selection</h2>
    <div class="row">
        <div class="col-md-12">
            <ul class="list-inline mrgn-bttm-0">
                <li>
                    <a lang="fr" href="/fr/ministere-finances/nouvelles/2026/08/le-canada-annonce-des-contre-mesures-ciblees-ainsi-que-des-mesures-importantes-pour-soutenir-les-travailleurs-et-les-entreprises-en-reponse-aux-dro.html">
                        
                            <span class="hidden-xs" translate="no">Fran&ccedil;ais</span>
                            <abbr title="Fran&ccedil;ais" class="visible-xs h3 mrgn-tp-sm mrgn-bttm-0 text-uppercase" translate="no">fr</abbr>
                        
                        
                    </a>
                </li>
                
                
            </ul>
        </div>
    </div>
</section>
				<div class="brand col-xs-9 col-sm-5 col-md-4" property="publisher" resource="#wb-publisher" typeof="GovernmentOrganization">
					
                    
					
						
						<a href="/en.html" property="url">
							<img src="/etc/designs/canada/wet-boew/assets/sig-blk-en.svg" alt="Government of Canada" property="logo"/>
							<span class="wb-inv"> /
								
								<span lang="fr">Gouvernement du Canada</span>
							</span>
						</a>
					
					<meta property="name" content="Government of Canada"/>
					<meta property="areaServed" typeof="Country" content="Canada"/>
					<link property="logo" href="/etc/designs/canada/wet-boew/assets/wmms-blk.svg"/>
				</div>
				<section id="wb-srch" class="col-lg-offset-4 col-md-offset-4 col-sm-offset-2 col-xs-12 col-sm-5 col-md-4">
					<h2>Search</h2>
					
<form action="/en/department-finance/search-finance.html" method="get" name="cse-search-box" role="search">
	<div class="form-group wb-srch-qry">
		    
		
		    <label for="wb-srch-q" class="wb-inv">Search FIN</label>
			<input id="wb-srch-q" list="wb-srch-q-ac" class="wb-srch-q form-control" name="q" type="search" value="" size="34" maxlength="170" placeholder="Search FIN"/>
		

		<datalist id="wb-srch-q-ac">
		</datalist>
	</div>
	<div class="form-group submit">
	<button type="submit" id="wb-srch-sub" class="btn btn-primary btn-small" name="wb-srch-sub"><span class="glyphicon-search glyphicon"></span><span class="wb-inv">Search</span></button>
	</div>
</form>

				</section>
		</div>
	</div>
	<hr/>
	
	<div class="container"><div class="row">
		
        <div class="col-md-8">
        <nav class="gcweb-menu" typeof="SiteNavigationElement">
		<h2 class="wb-inv">Menu</h2>
		<button type="button" aria-haspopup="true" aria-expanded="false"><span class="wb-inv">Main </span>Menu <span class="expicon glyphicon glyphicon-chevron-down"></span></button>
<ul role="menu" aria-orientation="vertical" data-ajax-replace="/content/dam/canada/sitemenu/sitemenu-v2-en.html">
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/jobs.html">Jobs and the workplace</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/immigration-citizenship.html">Immigration and citizenship</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://travel.gc.ca/">Travel and tourism</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/business.html">Business and industry</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/benefits.html">Benefits</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/health.html">Health</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/taxes.html">Taxes</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/environment.html">Environment and natural resources</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/defence.html">National security and defence</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/culture.html">Culture, history and sport</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/policing.html">Policing, justice and emergencies</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/transport.html">Transport and infrastructure</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.international.gc.ca/world-monde/index.aspx?lang=eng">Canada and the world</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/finance.html">Money and finances</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/science.html">Science and innovation</a></li>
	<li role="presentation"><a role="menuitem" tabindex="-1" href="https://www.canada.ca/en/services/life-events.html">Manage life events</a></li>
</ul>

		
        </nav>   
        </div>
		
		
		
    </div></div>
	
		<nav id="wb-bc" property="breadcrumb"><h2 class="wb-inv">You are here:</h2><div class="container"><ol class="breadcrumb">
<li><a href='/en.html'>Canada.ca</a></li>
<li><a href='/en/department-finance.html'>Department of Finance Canada</a></li>
<li><a href='/en/department-finance/news.html'>News: Department of Finance Canada</a></li>
</ol></div></nav>


	

  
</header>
</div>

    

</div>

    




	











<!--/* Hide Nav; Hide Right Rail /*-->

    <main role="main" property="mainContentOfPage" typeof="WebPageElement" resource="#wb-main" class="container">
        <div>


<div class="aem-Grid aem-Grid--12 aem-Grid--default--12 ">
    
    <div class="news-release-container base-content-container parbase aem-GridColumn aem-GridColumn--default--12">

<div id="news-release-container">

    <!-- News Release -->
    <div>

    
        <hgroup id="wb-cont">
            <h1 property="name headline"><strong>Canada announces targeted countermeasures and substantive support for workers and businesses in response to U.S. tariffs</strong></h1>
            <p class="gc-byline">From:
                <a href="/en/department-finance.html">Department of Finance Canada</a>
            </p>
        </hgroup>
    
    
</div>
    <div>

    
    
        <h2>News release</h2>
    
</div>
    <p class="teaser hidden">Following the U.S. decision to impose a 50 per cent tariff on $27.6 billion of Canadian goods effective August 22, Minister Champagne confirmed today that Canada will match the new U.S. tariffs dollar for dollar, rate for rate, with additional Canadian tariffs on U.S. goods.  </p>

    <div class="mrgn-bttm-md">

<div class="row"> 

	
    
        <div class="col-md-auto">
<div class="cmp-text">
    <p><strong>August 25, 2026 – Ottawa, Ontario - Department of Finance Canada</strong></p> 
<p>The Government of Canada has negotiated intensively and in good faith with the United States (U.S.) toward a fair and comprehensive trade agreement that would protect Canadian workers and their families, strengthen the economy, provide greater certainty for businesses, and respect Canada’s sovereignty.</p> 
<p>In recent days, however, the U.S. proposed new terms that were not in Canada’s best interest, basically, asking too much of Canada, and offering too little in return. Canada therefore suspended negotiations rather than accepting a bad deal that would undermine Canadian workers, businesses, strategic sectors, and our national interest. Canada did not choose this trade conflict, but we need to respond to provide a level playing field to our businesses.</p> 
<p>Today, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, the Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, the Honourable Mélanie Joly, the Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario, the Honourable Evan Solomon, and the Minister of Jobs and Families and Minister responsible for the Federal Economic Development Agency for Northern Ontario, the Honourable Patty Hajdu, announced measures to protect and support Canadian workers and businesses during this period of uncertainty and volatility.</p> 
<p>Following the U.S. decision to impose a 50 per cent tariff on $27.6 billion of Canadian goods effective August 22, Minister Champagne confirmed today that Canada will match the new U.S. tariffs dollar for dollar, rate for rate, with additional Canadian tariffs on U.S. goods. This focused response will protect Canadian workers, farmers, families, and businesses, defend industries harmed by unjustified U.S. tariffs, and help Canadian producers compete with U.S. products in the Canadian market.</p> 
<p>Effective September 8, Canada will impose counter-tariffs of 15, 25 and 50 per cent on products drawn from those targeted by U.S. Section 338 and Section 232 tariffs, with the rate for each product matching the corresponding U.S. rate.</p> 
<p>Canada's counter tariffs will apply to products covering $27.6 billion in imports from the U.S. and will focus on sectors such as steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics, that are most impacted by U.S. tariffs.&nbsp;</p> 
<p>In addition, to support Canadian workers and businesses impacted by U.S. tariffs, the government is also introducing a $7.5 billion package of new and enhanced measures that deliver fast, simple and agile supports to Canadian workers and businesses, building on the nearly $25 billion in supports the government has provided since the implementation of the U.S. unjustified tariffs.</p> 
<p>&nbsp;This package includes:</p> 
<ul> 
 <li>an additional $1.5 billion investment through the Regional Tariff Response Initiative, delivered by Canada's regional development agencies (RDAs), to help small and medium-sized enterprises, including liquidity supports to manage the pressures related to tariffs.</li> 
 <li>a new $500 million liquidity stream under the Business Development Bank of Canada’s Pivot to Grow program to help businesses manage immediate cash-flow pressures in addition to targeted programs for the forestry, steel and aluminum sectors.</li> 
 <li>broadened access to the Business Development Bank of Canada’s tariff related programs by lowering the minimum revenue requirement for applicants to $1 million.</li> 
 <li>an additional $2 billion investment through the new Canada Strong Diversification Fund, to support tariff-affected businesses with shovel-ready projects that support ongoing capital maintenance. This new initiative will work closely with RDA programming for project intake and triage.</li> 
 <li>a new suite of $3.5 billion Rapid Response Supports for Workers and Employers to help Canadians affected by tariffs. This will help workers access income support when they need it through extended and additional EI temporary flexibilities; and support their transition into new opportunities through new investments in training delivered in the workplace and enhancements to <a href="https://www.jobbank.gc.ca/home">JobBank.gc.ca</a>. This will also help employers keep their workforce through a difficult period with the help of the new Worker Retention and Retraining Program (WRRP).</li> 
 <li>new flexibilities to the Large Enterprise Tariff Loan facility, administered by the Canada Enterprise Emergency Funding Corporation (CEEFC).</li> 
</ul> 
<p>The government will continue to assess programs and policies to support businesses who continue to be impacted by tariffs, including expanding the availability of existing measures to newly impacted sectors.</p>
</div>

    

</div>
	
</div></div>

    

    
        
        

        <div>

    
    
        <h2>Quotes</h2>
    
</div>
        

        


        
    

    
    
        
            
        
				
                    
    			
                
                
                    <blockquote data-emptytext="Blockquote">
                        <p>“When the United States asked too much and offered too little, we chose to stand up for Canadians. Our dollar-for-dollar, rate for rate counter-tariffs as well as a multi-billion dollar support package will protect workers, farmers, families, and businesses as we build a stronger, more resilient, and more diversified Canadian economy.”</p> 
<p class="text-right"><em>- The Honourable François-Philippe Champagne, Minister of Finance and National Revenue</em></p>
                    </blockquote>
                
            
        
				
                    
    			
                
                
                    <blockquote data-emptytext="Blockquote">
                        <p>“In a more uncertain world, Canada will continue to invest in our greatest strengths: our workers, our businesses, and our capacity to compete. Today’s new measures will protect jobs, strengthen the industries that drive our economy, and secure the supply chains that underpin our prosperity. Canada will not simply respond to change, we will shape it, growing a stronger economy that delivers opportunity, security, and prosperity for Canadians.”</p> 
<p class="text-right"><em>– The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions&nbsp;&nbsp;</em></p>
                    </blockquote>
                
            
        
				
                    
    			
                
                
                    <blockquote data-emptytext="Blockquote">
                        <p>“Canada has what the world wants, and we will not allow any nation to determine our future. We will always stand up for Canadian workers and businesses. We are strong because we take care of each other and that is why we will always be masters of our own destiny.”</p>
<p class="text-right"><em>– The Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for the Federal Economic Development Agency for Northern Ontario&nbsp;</em></p>

                    </blockquote>
                
            
        
				
                    
    			
                
                
                    <blockquote data-emptytext="Blockquote">
                        <p>“Canadians expect their government to stand up for them and their interests. As the United States impose unjustified tariffs, Canada’s government is focused on building our strength at home and protecting our economy. Today’s countermeasures will ensure workers, farmers, families, and businesses affected are supported throughout this period of uncertainty. Together, we will weather this storm—united and resilient.”&nbsp;</p> 
<p class="text-right"><em>&nbsp; - The Honourable Dominic LeBlanc, President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs, Internal Trade and One Canadian Economy&nbsp;</em></p>
                    </blockquote>
                
            
        

        
    
 

        
    
        <div>

    
    
        <h2>Quick facts</h2>
    
</div>
        

        


        
    

    
    
        
            

    

            <ul>
                <li>
                	
              			
						
                			<p>The primary objective of the counter-tariffs is to protect Canadian workers, producers and manufacturers harmed by U.S. tariffs by putting them on a better competitive standing against U.S. products in the Canadian market.&nbsp;</p>
						
                		
                    	
                <li>
                	
              			
						
                			<p>Goods subject to 50 per cent counter tariffs include steel and aluminum products that were previously only subject to a 25 per cent counter tariff, furniture, and clothing and apparel.</p>
						
                		
                    	
                <li>
                	
              			
						
                			<p>Goods subject to 25 per cent tariffs include appliances, dairy products, such as cheese, and certain steel and aluminum derivative products.</p>

						
                		
                    	
                <li>
                	
              			
						
                			<p>Other existing counter-tariffs against the U.S., including autos, remain in place and Canada’s tariff remission framework also remains available to assess requests for exceptional relief.&nbsp;</p>

						
                		
                    	
                <li>
                	
              			
						
                			<p>The Canada Strong Diversification Fund will be administered through the Strategic Response Fund, helping firms adapt and thrive in the face of trade disruptions.</p>
						
                		
                    	
	    	</li>
            </ul>
                
                
	

        
    
 

        

        

        


    

    <section class="lnkbx well">
        <h2 class="mrgn-tp-0">Associated links</h2>

        <ul>
            
                <li>
                    <a href="/en/department-finance/news/2026/08/list-of-products-from-the-united-states-subject-to-counter-tariffs-effective-september-8-2026.html" title="List of products subject to new counter tariffs effective September 8, 2026">List of products subject to new counter tariffs effective September 8, 2026</a>
                </li>
            
                <li>
                    <a href="https://canada.ca/CanadaStrong" title="Canada Strong">Canada Strong</a>
                </li>
            
                <li>
                    <a href="/en/department-finance/news/2026/08/support-for-canadian-workers-and-businesses-affected-by-us-tariffs.html" title="Support for Canadian workers and businesses affected by U.S. tariffs">Support for Canadian workers and businesses affected by U.S. tariffs</a>
                </li>
            
        </ul>

        
    </section>




    
        <div>

    
    
        <h2>Contacts</h2>
    
</div>
        
    

    
        <h3>Media may contact:</h3> 
<p>John Fragos<br> Press Secretary<br> Office of the Minister of Finance and National Revenue<br><a href="mailto:john.fragos@fin.gc.ca">john.fragos@fin.gc.ca</a></p> 
<p>Gabrielle Landry<br> Deputy Director, Media Relations<br> Office of the Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions<br><a href="mailto:gabrielle.landry@ised-isde.gc.ca">gabrielle.landry@ised-isde.gc.ca</a></p> 
<p>Jennifer Kozelj&nbsp;<br> Senior Communications Advisor and Press Secretary&nbsp;&nbsp;<br> Office of the Minister of Job and Families and Minister responsible for the Federal Economic Development Agency for Northern Ontario&nbsp;<br><a href="mailto:Jennifer.kozelj@labour-travail.gc.ca">Jennifer.kozelj@labour-travail.gc.ca</a></p> 
<p>Media Relations<br> Department of Finance Canada<br><a href="mailto:mediare@fin.gc.ca">mediare@fin.gc.ca</a><br> 613-369-4000</p> 
<h3>General enquiries</h3> 
<p>Phone: 1-833-712-2292<br> TTY: 613-369-3230<br> E-mail: <a href="mailto:financepublic-financepublique@fin.gc.ca">financepublic-financepublique@fin.gc.ca</a></p> 
<h3>Stay Connected</h3> 
<ul> 
 <li>Follow us on <a href="https://can01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.facebook.com%2FFinanceCanada&amp;data=05%7C02%7CNancy.Mineault%40fin.gc.ca%7C629bdf97d8c1485854af08dc7b32a569%7Cc8d186b6faab43fb98c018a0dfa65ac1%7C0%7C0%7C638520704659961987%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=oJkZ06%2BI7Xhc8d%2FxXdcn%2BGD%2B9Ph6WZcniPsAREfFo4Y%3D&amp;reserved=0">Facebook</a></li> 
 <li>Follow us on X – <a href="https://can01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fx.com%2FFinanceCanada&amp;data=05%7C02%7CNancy.Mineault%40fin.gc.ca%7C629bdf97d8c1485854af08dc7b32a569%7Cc8d186b6faab43fb98c018a0dfa65ac1%7C0%7C0%7C638520704659973950%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=RVfuhuDft8vLA7sV5m%2BSOWSnSS1aTqzXwERhs362s3A%3D&amp;reserved=0">@FinanceCanada</a></li> 
 <li>Follow us on <a href="https://can01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fca.linkedin.com%2Fcompany%2Ffinance-canada&amp;data=05%7C02%7CNancy.Mineault%40fin.gc.ca%7C629bdf97d8c1485854af08dc7b32a569%7Cc8d186b6faab43fb98c018a0dfa65ac1%7C0%7C0%7C638520704659982847%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=Gec3SV61iVOJXzjZuhIIDMLWXqzyO16ncc6CqLXxphw%3D&amp;reserved=0">LinkedIn</a></li> 
</ul>
    




    

    

    
	<div class="mrgn-tp-lg">
    	<div class="news-tags" id="dtmnewsribk">
    <span>Search for related information by keyword:</span>
    
        
        <span>
            
           		<a href="https://www.canada.ca/en/sr/srb/sra.html?_charset_=UTF-8&allq=Economics%20and%20Industry&exctq=&anyq=&noneq=&fqupdate=&dmn=&fqocct=#wb-land">Economics and Industry</a>
           
        </span>
    
        <span> | </span>
        <span>
            
           		<a href="https://www.canada.ca/en/sr/srb/sra.html?_charset_=UTF-8&allq=Department%20of%20Finance%20Canada&exctq=&anyq=&noneq=&fqupdate=&dmn=&fqocct=#wb-land">Department of Finance Canada</a>
           
        </span>
    
        <span> | </span>
        <span>
            
           		<a href="https://www.canada.ca/en/sr/srb/sra.html?_charset_=UTF-8&allq=Canada&exctq=&anyq=&noneq=&fqupdate=&dmn=&fqocct=#wb-land">Canada</a>
           
        </span>
    
        <span> | </span>
        <span>
            
           		<a href="https://www.canada.ca/en/sr/srb/sra.html?_charset_=UTF-8&allq=Money%20and%20finances&exctq=&anyq=&noneq=&fqupdate=&dmn=&fqocct=#wb-land">Money and finances</a>
           
        </span>
    
        <span> | </span>
        <span>
            
           		<a href="https://www.canada.ca/en/sr/srb/sra.html?_charset_=UTF-8&allq=general%20public&exctq=&anyq=&noneq=&fqupdate=&dmn=&fqocct=#wb-land">general public</a>
           
        </span>
    
        <span> | </span>
        <span>
            
           		<a href="https://www.canada.ca/en/sr/srb/sra.html?_charset_=UTF-8&allq=news%20releases&exctq=&anyq=&noneq=&fqupdate=&dmn=&fqocct=#wb-land">news releases</a>
           
        </span>
    
        <span> | </span>
        <span>
            
           		<a href="https://www.canada.ca/en/sr/srb/sra.html?_charset_=UTF-8&allq=Hon.%20Fran%C3%A7ois-Philippe%20Champagne&exctq=&anyq=&noneq=&fqupdate=&dmn=&fqocct=#wb-land">Hon. François-Philippe Champagne</a>
           
        </span>
    
</div>
    </div>
</div>


</div>

    
</div>
</div>
        <section class="pagedetails">
    <h2 class="wb-inv">Page details</h2>
    
        <gcds-date-modified>
	2026-08-25
</gcds-date-modified>

</section>

    </main>



    




    
        
        
        <div class="newpar new section">

</div>

    
        
        
        <div class="par iparys_inherited">

    
    
    
    

</div>

    




    




    
        
        
        <div class="newpar new section">

</div>

    
        
        
        <div class="par iparys_inherited">

    
    
    
    
        
        
        <div class="global-footer">
    <footer id="wb-info">
	    <h2 class="wb-inv">About this site</h2>
    	<div class="gc-contextual"><div class="container">
    <nav>
        <h3>Department of Finance Canada</h3>
        <ul class="list-col-xs-1 list-col-sm-2 list-col-md-3">
            <li><a href="https://www.canada.ca/en/department-finance/corporate/contact-us.html">Contact us</a></li>
        
            <li><a href="https://www.canada.ca/en/department-finance/corporate/jobs.html"> Job opportunities</a></li>
        
            <li><a href="https://www.canada.ca/en/department-finance/programs/consultations.html"> Consultations</a></li>
        </ul>
    </nav>
</div></div>	
        <div class="gc-main-footer">
			<div class="container">
	<nav>
	<h3 class="toc-ignore">Government of Canada</h3>
	<ul class="list-col-xs-1 list-col-sm-2 list-col-md-3">
		<li><a href="/en/contact.html">All contacts</a></li>
		<li><a href="/en/government/dept.html">Departments and agencies</a></li>
		<li><a href="/en/government/system.html">About government</a></li>
	</ul>
	<h4 class="toc-ignore"><span class="wb-inv">Themes and topics</span></h4>
	<ul class="list-unstyled colcount-sm-2 colcount-md-3">			
		<li><a href="/en/services/jobs.html">Jobs</a></li>
		<li><a href="/en/services/immigration-citizenship.html">Immigration and citizenship</a></li>
		<li><a href="https://travel.gc.ca/">Travel and tourism</a></li>
		<li><a href="/en/services/business.html">Business</a></li>
		<li><a href="/en/services/benefits.html">Benefits</a></li>
		<li><a href="/en/services/health.html">Health</a></li>
		<li><a href="/en/services/taxes.html">Taxes</a></li>
		<li><a href="/en/services/environment.html">Environment and natural resources</a></li>
		<li><a href="/en/services/defence.html">National security and defence</a></li>
		<li><a href="/en/services/culture.html">Culture, history and sport</a></li>
		<li><a href="/en/services/policing.html">Policing, justice and emergencies</a></li>
		<li><a href="/en/services/transport.html">Transport and infrastructure</a></li>
		<li><a href="https://www.international.gc.ca/world-monde/index.aspx?lang=eng">Canada and the world</a></li>
		<li><a href="/en/services/finance.html">Money and finances</a></li>
		<li><a href="/en/services/science.html">Science and innovation</a></li>
		<li><a href="/en/services/indigenous-peoples.html">Indigenous Peoples</a></li>
		<li><a href="/en/services/veterans-military.html">Veterans and military</a></li>
		<li><a href="/en/services/youth.html">Youth</a></li>
		<li><a href="/en/services/life-events.html">Manage life events</a></li>		
	</ul>
	</nav>
</div>
	
        </div>
        <div class="gc-sub-footer">
            <div class="container d-flex align-items-center">
            <nav>
                <h3 class="wb-inv">Government of Canada Corporate</h3>
                <ul>
                
                    		<li><a href="https://www.canada.ca/en/social.html">Social media</a></li>
		<li><a href="https://www.canada.ca/en/mobile.html">Mobile applications</a></li>
		<li><a href="https://www.canada.ca/en/government/about-canada-ca.html">About Canada.ca</a></li>
                
                <li><a href="https://www.canada.ca/en/department-finance/corporate/terms-conditions.html">Terms and conditions</a></li>
                <li><a href="https://www.canada.ca/en/transparency/privacy.html">Privacy</a></li>
                </ul>
            </nav>
                <div class="wtrmrk align-self-end">
                    <img src="/etc/designs/canada/wet-boew/assets/wmms-blk.svg" alt="Symbol of the Government of Canada"/>
                </div>
            </div>
        </div>
    </footer>

</div>

    

</div>

    




    







    <script type="text/javascript">_satellite.pageBottom();</script>






<script src="//ajax.googleapis.com/ajax/libs/jquery/2.2.4/jquery.min.js" integrity="sha256-BbhdlvQf/xTY9gja0Dq3HiwQF8LaCRTXxZKRutelT44=" crossorigin="anonymous"></script>
<script src="/etc/designs/canada/wet-boew/js/ep-pp.min.js"></script>
<script src="/etc/designs/canada/wet-boew/js/wet-boew.min.js"></script>
<script src="/etc/designs/canada/wet-boew/js/theme.min.js"></script>




</body>
</html>
Source reader

Source