Story perspectives

Canada Doubles Support for Northern Ontario SMEs Amid Tariffs

9/20/2025

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Summary

Story summary

FedNor launched the Regional Tariff Response Initiative (RTRI) to support Northern Ontario businesses impacted by tariffs.
Prime Minister Mark Carney announced the initiative on September 5, increasing funding from $19 million to $38 million.
The RTRI targets small and medium-sized enterprises (SMEs) facing trade challenges.
Eligible businesses must employ at least five people and show tariff-related negative impacts.
The Government of Canada has doubled the RTRI investment to $1 billion over three years, excluding retail and tourism sectors.

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Story summary

FedNor launched the Regional Tariff Response Initiative (RTRI) to support Northern Ontario businesses impacted by tariffs.
Prime Minister Mark Carney announced the initiative on September 5, increasing funding from $19 million to $38 million.
The RTRI targets small and medium-sized enterprises (SMEs) facing trade challenges.
Eligible businesses must employ at least five people and show tariff-related negative impacts.
The Government of Canada has doubled the RTRI investment to $1 billion over three years, excluding retail and tourism sectors.