A post by @FirstSquawk on X.

Canada’s finance minister announced targeted tariff relief for certain imported goods facing shortages in the Canadian market, including non-steel items used in mining, quarrying, and oil and gas extraction. The measure is aimed at easing supply constraints for key industrial inputs rather than providing broad-based tariff cuts. The relief matters because it could lower input costs for Canada’s resource and energy sectors at a time when procurement and supply-chain bottlenecks remain a concern. Details on the specific goods covered, the duration of the relief, and its estimated fiscal cost were not disclosed in the initial announcement. Markets will watch for the formal tariff schedule and any follow-on measures for other shortage-hit sectors.