Ontario Together Trade Fund

Program Description

Supports Ontario SMEs affected by U.S. tariffs to reshore supply chains, adopt new technologies, or enter alternative markets. Ontario may provide a grant or a loan at its discretion. For most eligible businesses support falls in the range of 10-20% of eligible costs (maximum $5 million); the 75% ceiling applies only to projects that demonstrate exceptional benefits to Ontario and alignment with government priorities. Loans are interest-free during the project period, up to 30% (max $1.5 million) may be forgiven if investment and job creation targets are met, and the remainder is repaid over four years. Eligible applicants must be for-profit Ontario businesses with 3+ years of operations, 5+ full-time employees, and at least $200,000 in eligible project costs.

Eligibility Requirements

• Must be a for-profit business incorporated and operating in Ontario
• Minimum 3 years of operating history
• Minimum 5 full-time equivalent employees
• Must demonstrate measurable impact from U.S. tariffs on your business
• Project must involve reshoring supply chains, technology adoption, or entering alternative markets
• Project must involve at least $200,000 in eligible project costs
• Project must be completed within two years and be located in a community in Ontario during the project period
• Must demonstrate that all project financing will be in place by the project start date