Canada's counter-tariff revenue on U.S. goods, as the government has totalled it
Duties assessed under Canada's counter-tariffs on imports from the United States, cumulative from March 4, 2025, as the Department of Finance Canada stated them in three Annex 1 boxes: Budget 2025 (as of October 17, 2025), the Spring Economic Update 2026 (its net revenue charts are dated April 17, 2026) and Budget 2026 (as of October 26, 2026). Each states gross revenue assessed, the amount remitted (Budget 2026: remitted or relieved), and the net. These are Canadian duties on U.S. goods, not U.S. duties on Canadian goods, and amounts assessed are not amounts collected.
On this page
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The lineage
| Vintage | Issuer | Published | Position | Source |
|---|---|---|---|---|
| Budget 2025 | Department of Finance Canada | 2025-11-04 | superseded | Source → · accessed 2026-11-10 |
| Spring Economic Update 2026 | Department of Finance Canada | 2026-04-28 | superseded | Source → · accessed 2026-08-24 |
| Budget 2026 | Department of Finance Canada | 2026-11-05 | current | Source → · accessed 2026-11-10 |
| Vintage | Period | Value | Role | Assurance | Basis |
|---|---|---|---|---|---|
| Budget 2025 | Gross revenue assessed, to October 17, 2025 (Budget 2025) | 6.7 billions of Canadian dollars | institutional estimate | — | — |
| Budget 2025 | Remitted, to October 17, 2025 (Budget 2025) | 3.0 billions of Canadian dollars | institutional estimate | — | — |
| Budget 2025 | Net revenue assessed, to October 17, 2025 (Budget 2025) | 3.7 billions of Canadian dollars | institutional estimate | — | — |
| Spring Economic Update 2026 | Gross revenue assessed, as stated in the Spring Economic Update 2026 (net revenue charts dated April 17, 2026) | 9.7 billions of Canadian dollars | institutional estimate | — | — |
| Spring Economic Update 2026 | Remitted, as stated in the Spring Economic Update 2026 (net revenue charts dated April 17, 2026) | 5.5 billions of Canadian dollars | institutional estimate | — | — |
| Spring Economic Update 2026 | Net revenue assessed, as stated in the Spring Economic Update 2026 (net revenue charts dated April 17, 2026) | 4.3 billions of Canadian dollars | institutional estimate | — | — |
| Budget 2026 | Gross revenue assessed, March 4, 2025 to October 26, 2026 (Budget 2026) | 14.1 billions of Canadian dollars | institutional estimate | — | — |
| Budget 2026 | Remitted or relieved, March 4, 2025 to October 26, 2026 (Budget 2026) | 8.9 billions of Canadian dollars | institutional estimate | — | — |
| Budget 2026 | Net revenue assessed, March 4, 2025 to October 26, 2026 (Budget 2026) | 5.2 billions of Canadian dollars | institutional estimate | — | — |
Evidence qualifications (4)
- Each of the three boxes states that the net revenue assessed "remains subject to revision". Each document also says that net revenue will be revised down as more claims for relief are processed.
- Assessed is not collected, and a legally effective counter-tariff is not an assessed one: these are different claims. This entry records only what the government states was assessed, remitted or relieved, and the net.
- The Budget 2026 total covers every counter-tariff in force from March 4, 2025, across both tariff episodes; the two earlier totals were stated before the September 2026 order. This entry does not split any total by measure, product or episode.
- The first two totals counted amounts “remitted”. The Budget 2026 total counts amounts “remitted or relieved”.
Related on this site
- Big Question: Can Canada sell beyond the United States? →
- Deep Dive: The Tariff Ledger →
- Domain: Federal Fiscal Capacity →
- More Resolution lineages →
- Sources & Method →
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This is the current public record for this lineage. See Work with Countability for a commissioned projection-resolution question.
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