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Southern Ontario businesses facing trade challenges can now apply for funding

The Government of Canada is focused on protecting Canadian workers, reinforcing the competitiveness of Canadian businesses and building one strong Canadian economy.

On August 26, 2025, the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced that the Regional Tariff Response Initiative (RTRI) is open in southern Ontario.

The RTRI is a three-year, $450-million national initiative, delivered through Canada’s regional development agencies (RDAs), to help businesses overcome trade challenges. FedDev Ontario will deliver nearly $160 million in southern Ontario, with targeted support available for businesses in the steel and automotive industries.

The RTRI will invest in Canadian businesses affected by trade challenges by helping them improve productivity, expand and diversify markets, and strengthen domestic supply chain and trade resilience.

The Minister made the announcement while visiting Hooper Welding, a manufacturer of pressure vessels and custom steel fabrication for the oil, gas and nuclear sectors.

Canada’s new government is building big, building bold, and building the strongest economy in the G7 using our homegrown industry, workforce and talent.

This release is available at Canada.ca website.

 

Topic(s)

Hot topics
U.S. Tariffs and Canadian Retaliatory Surtax
International Trade and Border Management

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The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.