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The move extends relief that would otherwise have expired sooner, giving Canadian importers and businesses a longer window of certainty on duties tied to U.S. tariffs. It matters because the remission effectively softens the cost impact of U.S. tariff measures on Canadian firms and supply chains. Watch for the formal details of the modified relief measures and any scope changes, plus how affected industries and trade flows respond ahead of the new 2028 deadline.

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Canada, United States, Canada's Finance Minister