Regional Tariff Response Initiative in British Columbia
The Government of Canada has announced an expansion to the Regional Tariff Response Initiative (RTRI) to support small- and medium-sized enterprises affected by tariffs, including those facing liquidity challenges. Details regarding the implementation of this additional support in British Columbia will be made available shortly.
At a glance
| Status | Accepting applications. The closing date for applications will be established at a later date, based on the level of demand and available funds. Advance notice of at least 20 business days will be provided prior to closing intake of applications. |
|---|---|
| Funding per recipient | Businesses with commercial projects:
Not-for-profits with non-commercial projects: up to $10 million per project |
| Type of funding | Businesses: repayable and non-repayable contributions Not-for-profits: non-repayable contributions for non-commercial projects that support small- and medium-sized enterprises (SMEs) |
| Eligible organizations | Incorporated for-profit businesses Not-for-profit organizations that support SMEs |
Overview
The Regional Tariff Response Initiative (RTRI) in British Columbia is part of the Government of Canada’s strategy to defend Canadian jobs, industries, and supply chains. It is part of a coordinated effort to protect Canadian businesses and workers from the impact of tariffs.
Through the RTRI, we’re making investments to help B.C. businesses facing trade and tariffs disruptions to pivot to new paths to growth by helping them:
- boost productivity and reduce costs
- build more resilient supply chains
- reach new markets
The RTRI invests in businesses, either directly or through the organizations that support them, so that they can seize new opportunities, adapt to global trade disruptions and boost domestic trade. These investments contribute to long-term economic resilience in the face of continued global uncertainty. PacifiCan will deliver the RTRI in British Columbia to help B.C. small- and medium-sized businesses affected by tariffs improve productivity, expand and diversify export markets, optimize supply chains, and boost domestic trade within Canada. To benefit from this support, companies must have a strong plan to pivot their operations to new pathways to growth.
