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Canada: Prime Minister announces a new package of measures to support local industry (5 September 2025)

Description

On 5 September 2025, Mark Carney, Prime Minister of Canada, announced an increase in the budget of the Regional Tariff Response Initiative from CAD 450 (USD 325.2) million to CAD 1 billion (USD 722.67...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

05 Sep 2025

Revocation date

04 Sep 2028

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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