Relief (Potentially) in Sight – The Availability of Remission Under the Canadian Retaliatory Tariff Regime (Part I) - Stewart McKelvey
2 Articles
2 Articles
Tax Relief: Support for Those Impacted by Tariffs
In response to the tariffs, the federal government has announced several measures to support businesses and individuals. In accordance with a March 21, 2025, Release from the Prime Minister, CRA will implement the following measures: deferring GST/HST remittances and corporate income tax payments from April 2 to June 30, 2025; waiving interest on GST/HST and T2 instalment and arrears payments required to be paid between April 2 and June 30, 202…
Relief (potentially) in sight – The availability of remission under the Canadian retaliatory tariff regime (Part I) - Stewart McKelvey
By Michelle Chai Government has implemented some processes which they hope will provide Canadian businesses and importers with some much-needed relief. Update: An earlier version of this article was published before an updated Customs Notice from the Canada Border Services Agency (CBSA) was released May 20, 2025. As has been the case the last few months, the landscape under which importers operate is constantly changing, and below is our update…
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