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Southern Ontario Businesses Facing Trade Challenges Can Now Apply for Funding

On August 26, Evan Solomon, 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.

 

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