Tax Relief for Businesses Affected by Tariffs

In response to tariff impacts, the Government of Canada introduced temporary CRA relief measures to support businesses. These include deferred GST/HST remittances and corporate income tax payments, as well as waived and deferred interest on eligible GST/HST and T2 balances between April 2 and June 30, 2025. Businesses must continue to file all required returns by their regular deadlines, with interest resuming as of July 1, 2025.