Economy · Ottawa, Canada · November 5, 2026

China and Canada extend tariff relief for two years

Reported by 3 outlets · first reported Nov 4, 1:02 PM ET · from an earlier edition that day

China and Canada agreed to extend tariff exemptions on some farm and seafood products and on steel and aluminum until the end of 2028. Canadian canola, lobster and crab keep tariff-free access. Canada also unveiled a budget meant to reduce reliance on the US.

Why it matters

Canadian exporters keep market access in China as Ottawa diversifies trade.

Background

Canada and China have traded tariffs in recent years.

Sources

• CBC News ↗Nov 4, 1:02 PM ET
• Yonhap (Korean) ↗Nov 4, 11:53 PM ET
• The Straits Times ↗Nov 4, 8:55 PM ET

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