Finance Canada announces $7.5 billion package of tariff support measures for workers and businesses
Canada's Department of Finance announced a $7.5 billion package of new and enhanced measures for workers and businesses affected by U.S. tariffs, on top of nearly $25 billion in supports implemented over the past 18 months. Effective September 2026, the Regional Tariff Response Initiative receives $1.5 billion more, with the cap on non-repayable contributions rising from $1 million to $3 million and liquidity support of up to $2 million. The package also adds a $500 million BDC liquidity stream, the Canada Strong Diversification Fund with $2 billion, $3.5 billion in Rapid Response Supports for Workers and Employers, and expanded terms for the $10 billion Large Enterprise Tariff Loan facility.