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Import Duties Deferred In The Wake of COVID-19

Import Duties Deferred In The Wake of COVID-19

As of March 27th 2020, in the wake of the Coronavirus pandemic, the Canadian government has announced a series of measures to assist small- and medium-sized businesses affected by the outbreak. The provisions include a 3-month, 75-per-cent wage subsidy; the deferral of GST/HST payments and import duties; and government-backed, interest-free bank loans. These measures will be in place until June 2020.

 

Read more:
https://www.cpac.ca/en/programs/headline-politics/episodes/66177161/