Global Trade Alert
Global Trade Alert

Canada (Ontario): Protect Ontario Financing Program to support sectors impacted by US tariffs

Announcement

13 Aug 2025

In August 2025, the government of the Canadian province of Ontario launched the Protect Ontario Financing Program, providing up to CAD 1 billion in liquidity support as loans to businesses in the steel, aluminium, and auto sectors affected by US tariffs.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Aug 2025

Revocation date:

No revocation date

Announced: 13 Aug 2025
State loan In force
On 13 August 2025, the government of Ontario launched the Protect Ontario Financing Program, the first phase of the CAD 5 billion Protecting Ontario Account announced in the 2025 provincial Budget. Th...
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