While about one-third of small exporters were impacted by tariffs on non-compliant goods, only 26% managed the import process themselves — a requirement to claim refunds.
“While it’s good news that some Canadian exporters may get over a year’s worth of tariff revenue back, it’s not an easy system to navigate. Canadian firms will need a US customs account, a US bank account, and may have to work with their customs brokers to get a refund,” said Dan Kelly, CFIB president.
Kelly added that the rebates will not help those businesses affected by sectoral tariffs, including steel and aluminum, cars, softwood lumber or furniture.
“Sectoral tariffs are, sadly, still in place and are having a deep impact on many Canadian small firms. This mess is a reminder that Canada-US trade is not just a big business issue and progress on a renewed CUSMA agreement can’t come soon enough,” he commented.
The limited reach of the program comes as Canada prepares for a broader reassessment of its economic ties with the United States.