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Ottawa extended its tariff relief program for importers to June 30, 2028, announced November 9, 2026. Canada and the US are still negotiating, and Prime Minister Carney said some tough issues remain with Washington.
The extension signals that retaliatory tariffs and US duties are expected to persist, which keeps Canadian import costs and trade flows with the US under pressure. There is no direct effect on commodity prices.
kalkine.caAnkur SharmaNov 12, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
