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The Peace Tower on Parliament Hill in Ottawa is seen past construction cranes on May 25, 2025. The Canadian Press/Justin Tang
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Ottawa collected an extra $617 million in import duties this past March compared to a year earlier as counter-tariffs against U.S. trade restrictions came into effect.
The federal government’s latest fiscal monitor report, published late last week, shows revenues from customs import duties topped $1 billion in March, more than double the figure from a year earlier.
