Importers of certain medical goods will get tariff relief
May 8, 2020
Global Korean Post
Government provides tariff relief to importers of certain medical goods.
On May 6, Finance Minister, Bill Morneau, announced action to further ensure Canadians have access to personal protective equipment (PPE) and other necessary medical equipment.
To keep Canadians safe, the government is waiving tariffs on certain medical goods, including PPE such as masks and gloves.
This will reduce the cost of imported PPE for Canadian businesses, which face tariffs of up to 18 per cent in some instances, help protect workers, and ensure our supply chains can keep functioning well.
Tariff relief for these goods will remain in place for as long as necessary to deal with the COVID-19 crisis.
While certain medical goods and equipment, including PPE, can be imported duty-free, some tariffs remain. Tariffs can be as high as 18 per cent and are a non-recoverable cost for importers.