The Minister of Finance announced targeted relief measures to support Canadian businesses impacted by the U.S.-Canada tariff dispute:
Auto Sector Remission Framework
Performance-based relief for automakers producing vehicles in Canada.
Allows tariff-free import of a limited number of U.S.-assembled, CUSMA-compliant vehicles.
Relief is tied to ongoing production and investment in Canada.
Temporary Tariff Relief (6 Months)
Applies to U.S. goods used in Canadian manufacturing, packaging, and public sector support (health care, safety, etc.).
Help businesses adjust supply chains and seek domestic alternatives.
3. Large Enterprise Tariff Loan Facility (LETL
Now accepting applications
Provides liquidity to large, viable businesses affected by tariffs.
Focus on food, energy, economic, and national security sectors.
Businesses must maintain operations and jobs in Canada.
For more information, please visit these links:
Canada announces new support for Canadian businesses affected by U.S. tariffs - Canada.ca
Application: LETL Overview | Canada Enterprise Emergency Funding Corporation | Canada Enterprise Emergency Funding Corporation
We will continue to monitor developments and provide updates as new information becomes available.
For more information or assistance, please reach out to us at [email protected]