Canada to Waive Tariffs on Imports of Certain Cargo Vessels, Tankers, Ferries
Canada's Department of Finance has announced a new tariff relief measure that waives the 25% tariff on imports of all general cargo vessels and tankers, as well as ferries longer than 129 meters. The measure builds on the Government’s recent…
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aggressive tariff relief to support the manufacturing sector, and supports Canada’s Economic Action Plan’s objectives of lower taxes and promoting a more competitive economy.