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Government Introduces Legislation to Temporarily Remove the Two-Year Prohibition against Imposing Additional Rounds of Safeguard Measures on the Same Steel Products

... [On June 3, 2019] the Government introduced a Notice of Ways and Means Motion that would temporarily amend the Customs Tariff to remove the two-year moratorium on the imposition of safeguard measures on imports previously subject to safeguards. These amendments would give the Government the flexibility needed to stabilize Canada's steel market and further protect Canadian steel workers and producers from global instability and the harmful effects of potential surges in imports.

As announced on April 26, 2019, the Government is also working with Canadian workers and industry leaders on actions that could further protect sectors like steel from unfair trade.

This is excerpted from a 3 June 2019 news release by Department of Finance Canada.

Topic(s)

Acts & Regulations
Other Government Departments (OGDs) Requirements

Information source

Finance Canada
Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.