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Atlantic Canada Businesses Hurt by Tariffs to Receive $80M in Federal Support
Maritimes businesses hit hard by tariffs will receive $80 million in federal support, Prime Minister Mark Carney announced.
The move has widespread commercial real estate implications, particularly in the industrial sector. The funds will come from Ottawa’s new Regional Tariff Response program, which provides $1 billion to small-and-medium-sized companies impacted by U.S. President Donald Trump’s hikes on imports to the U.S. from Canada.
RTRI aims to help the businesses diversify their markets, generate new revenues and adopt new technologies to boost competitive case. In Atlantic Canada’s case. The program is also designed to help SMEs modernize their operations, protect jobs and unlock new growth opportunities domestically and internationally, accorder to a government news release.
In Atlantic Canada, industries slated to receive RTRI funds include the seafood, manufacturing and steel sectors.
- ◦Financing
- ◦Economy
- ◦Recruitment



