Two studies were conducted to evaluate the provision of high-lipid high-fibre byproduct pellets when used as a partial replacement (60% in Study 1 and 30% in Study 2; HLP) for barley grain and canola meal in finishing diets (BAR). The HLP was fed for the last 49, 98, or 147 d (HLP49, HLP98, and HLP147, respectively) in Study 1, and for the last 60 or 120 d in Study 2 (HLP60 and HLP120, respectively) or the last 60 d with additional canola oil (HLP60CO). The statistical model included the fixed effects of diet, period, and the interaction. Steers fed BAR147 had the greatest average daily gain (ADG) (P < 0.01) and G:F (P = 0.01). The HLP147 had the greatest dry matter intake (DMI) during the first 49 d but least during the last 49 d of the finishing phase (treatment × period; P < 0.01). Hot carcass weight for BAR147 and HLP49 were the heaviest (P = 0.04). In Study 2, DMI and ADG were not affected (P > 0.05), but hot carcass weight was greater for BAR120 and HLP60 than HLP120 and HLP60CO. Inclusion of high-fibre high-lipid byproduct pellets in the latter part of the finishing period may improve carcass yield grade without affecting ADG and G:F.