On June 19, 2025, the Canadian Government released a list of measures it intends to implement to protect and bolster the Canadian Steel and Aluminum industries in the face of US tariffs. Those measures include the following: 

1. On July 21, 2025, Canada will adjust its counter tariffs on steel and aluminum products to reflect the progress made in trade arrangements with the US. 
2. On June 30, 2025,  the government intends to implement ‘reciprocal procurement policies’ on who can bid for federal government contracts. This will effectively narrow the field down to Canadian companies or those foreign companies whose country does not block or limit Canadian companies from bidding on their own government projects. 
3. New tariff rate quotas of 100% of 2024 levels on imports of steel products from non-free trade agreement partners are being applied retroactively and will be reviewed in 30 days. 
4. The government intends to adopt additional tariff measures to address the risks brought about by global overcapacity and “unfair trade” in the steel and aluminum sector. 
5. The government will create two government-stakeholder task forces - one for steel and one for aluminum. Those committees will monitor trade and market trends to support government decision-making. 
6. A new $10 billion Large Enterprise Tariff Loan facility will remain open to applicants. The goal of this program is to support large businesses that are being challenged by current market conditions by providing access to liquidity. 

The full press release can be found here. 

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