# Canada Department of Finance

Type: Company

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/canada-department-of-finance
Canonical HTML page: https://getfinancebrief.com/entity/canada-department-of-finance

## Timeline

- **2026-09-08**: Canada's retaliatory tariffs take effect — C$27.6 billion (~US$20 billion) of U.S. goods face 15%, 25% and 50% duties starting at 12:01 a.m.
- **2026-07**: Stopgap tariff authority expires — The temporary tariff authority lapses, prompting the administration to rely on Section 338 tariffs.
- **2026-02**: Supreme Court strikes down emergency tariffs — The U.S. Supreme Court invalidates President Trump's emergency-powers tariffs, removing the tariff revenue base.

## Recent coverage (1 stories)

### Tariffs replace under 60% of lost revenue as Canada hits $20B
2026-09-09 01:37:22 · Sentiment: Bearish · Impact: 6/10 · Sources: 3

The CRFB estimates Section 301 and 338 tariffs replace less than 60% of the revenue lost when emergency tariffs were struck down. Canada's C$27.6 billion countermeasures compound the fiscal and market uncertainty.
Full story: https://getfinancebrief.com/story/tariff-revenue-shortfall-canada-20b-retaliation

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