Officially

From the publisher, with its history intact.

Innovation, Science and Economic Development Canada canada.ca

Minister Valdez highlights substantive support for workers and businesses in response to U.S. tariffs

Imported from official source

Announcement

Small businesses are the backbone of Canada’s economy, but many are facing the pressure of United States (U.S.) tariffs on the workers they employ, the communities they support and the investments they make.

September 3, 2026 – Saint Catharines, Ontario 

Small businesses are the backbone of Canada’s economy, but many are facing the pressure of United States (U.S.) tariffs on the workers they employ, the communities they support and the investments they make. The Government of Canada is taking action to help businesses manage these pressures, protect jobs and keep our economy strong.

Today, the Honourable Rechie Valdez, Minister of Women and Gender Equality and Secretary of State (Small Business and Tourism), alongside Chris Bittle, Member of Parliament for St. Catharines, highlighted measures to support Canadian businesses and workers impacted by U.S. tariffs.

These measures are part of a $7.5 billion package of new and enhanced supports for Canadian workers and businesses affected by U.S. tariffs, and they build on the nearly $25 billion in supports the government has provided since the implementation of the unjustified U.S. tariffs.

The package includes the following measures:

  • An additional $1.5 billion will be invested through the Regional Tariff Response Initiative, delivered by Canada’s regional development agencies (RDA), to help small and medium-sized enterprises manage the pressures related to tariffs. This will include liquidity supports.
  • A new $500 million liquidity stream will be introduced under the Business Development Bank of Canada’s Pivot to Grow program to help businesses manage immediate cash-flow pressures, in addition to targeted programs for the forestry, steel and aluminum sectors.
  • Access to the Business Development Bank of Canada’s tariff-related programs will be expanded, with the minimum revenue requirement for applicants lowered to $1 million.

    • This is an extract. The publication continues at the source.

    Source: Innovation, Science and Economic Development Canada. Licence

    Read the original at the source: https://www.canada.ca/en/innovation-science-economic-development/news/2026/09/minister-valdez-highlights-substantive-support-for-workers-and-businesses-in-response-to-us-tariffs.html

    Officially imported this from Innovation, Science and Economic Development Canada’s own source and shows an extract. If you work there, claiming the profile and verifying the domain lets you choose to show the full text here.

    Provenance

    Organization
    Innovation, Science and Economic Development Canada — imported from official source
    Official source
    https://api.io.canada.ca/io-server/gc/news/en/v2?dept=departmentofindustry&sort=publishedDate&orderBy=desc&publishedDate%3E=2021-07-23&pick=50&format=atom&atomtitle=Innovation,%20Science%20and%20Economic%20Development%20Canada ATOM
    Imported
    October 03, 2026 20:43
    Versions
    1 recorded
    Identity
    https://www.canada.ca/en/innovation-science-economic-development/news/2026/09/minister-...

    Officially records where a publication came from, not whether it is true. Imported records are reproduced from an organization's own official source.