CUSMA Negotiations, Government Initiatives, and Support for Key Canadian Industries

Toronto, ON – June 22, 2026

 This an important update on the status of the Canada-U.S.-Mexico Agreement (CUSMA) negotiations, recent government initiatives, and available support for the construction, manufacturing, agriculture, steel, and aluminum sectors.

CUSMA Negotiations: What You Need to Know

CUSMA remains in force: Despite recent public comments from U.S. President Trump about not renewing the agreement, CUSMA will continue until at least 2036 unless a country gives six months’ notice to withdraw. The July 1 deadline marks the start of a review window, not an expiry.

Ongoing negotiations: Canada and Mexico have formally requested a 16-year extension. The U.S. has not committed to renewal, which may lead to annual reviews and continued uncertainty. Canada’s negotiating team is focused on resolving sectoral tariffs, especially those affecting steel, aluminum, autos, and agriculture.
Sectoral tariffs: U.S. tariffs under Section 232 continue to impact steel, aluminum, and automotive exports. These are a top priority in current trade discussions.

Government Initiatives and Funding

Food Security Strategy: The federal government has announced a $3.2 billion strategy to boost domestic food production, competition, and supply chain resilience. This is particularly relevant for the agricultural sector and related supply chains.

Tariff Remission Program: The horizontal tariff remissions program for steel, aluminum, and derivative products has been extended for another year. This program provides relief on tariffs for firms importing products integral to key Canadian sectors or supporting public health and national security. Eligibility is generally based on the inability to source products domestically or their critical role in essential sectors.

Infrastructure and Industry Support: The government is working with provinces on strategies to support domestic supply chains, including in construction and forestry. For example, there is a focus on homebuilding and non-U.S. export markets for forest products.

Trade Diversification and International Initiatives

European and Asian Partnerships: The government is actively pursuing deeper trade ties with Europe (including critical minerals and AI cooperation) and Asia, aiming to reduce reliance on the U.S. market and open new opportunities for Canadian exporters.

Bilateral and Trilateral Talks: Canada is engaging in both trilateral (with the U.S. and Mexico) and bilateral discussions to address trade irritants and secure favorable terms for Canadian industries.

How to Access Funding and Support

Eligibility: For most programs, eligibility is determined by sector, the critical nature of the product or service, and the inability to source domestically. For the tariff remission program, companies must demonstrate that imports are essential and not available from Canadian producers.

Application Process: Details and application forms for federal programs, for sector-specific support we at GTA Strategies can provide guidance.
How GTA Strategies Can Assist

GTA Strategies is ready to help your organization:

• Navigate the evolving CUSMA landscape and ensure compliance
• Identify and apply for relevant government funding and tariff relief programs
• Develop strategies for supply chain resilience and trade diversification
• Engage with government and industry stakeholders to advocate for your interests

If you have questions or need tailored support, please contact us directly. We are committed to helping Canadian businesses succeed during this period of change.