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What is subsidizing?

08/05/2024 03:50 - 57 Views

Subsidizing occurs when goods imported into Canada benefit from foreign government financial assistance. The amount of subsidizing on imported goods may be offset by the application of "countervailing" duty.


Examples of subsidies:

 

●    loans at preferential rates
●    grants
●    tax incentives

 

Source: Canada Border Services Agency
 

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