Canada to launch program to relieve businesses of tariff hit

Canadian officials announced Sunday they will provide a mechanism for Canadian businesses to obtain relief from retaliatory tariffs set to take effect against the United States in the coming days. Under the so-called "remission process," Canadian businesses could apply for tariff relief or refunds, provided they meet certain conditions. The Canadian government announced retaliatory tariffs on Saturday, in response to a host of new tariffs President Donald Trump announced against Canada, Mexico and China.