Plain meaning
A preferential Canadian tariff treatment for eligible goods originating in designated least developed countries.
Key points
- LDCT eligibility depends on country designation, product rules, and origin requirements.
- The treatment can reduce or eliminate customs duties for qualifying goods.
- Proof of origin and record-keeping are important if CBSA later verifies the claim.
- Changes to the list of eligible countries or origin rules can affect landed costs.
Why it comes up
LDCT treatment affects import costs, development policy, origin compliance, and supply-chain decisions.