GrantCompass special report

Trade disruption · Live roster · September 2026

US Tariff Response & Trade Disruption Funding in Canada: every program tracked

The short answer

Seventeen tariff-response funding programs are active in Canada right now, out of twenty tracked in the GrantCompass catalogue. All twenty split into nine grants, eight loans and three broader programs, delivered by Ottawa and by five provinces. Most of the big headline money is repayable, not free. And ten of the twenty carry a stated 2026 to 2027 end date or a fund-exhaustion clause, so several of these doors genuinely close. Filter the full roster below to find the streams that match your province, your sector and your balance sheet.

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Updated September 11, 2026 · 20 tariff-response programs tracked · Every figure verified against program sources

17active tariff-response records in the September 2026 catalogue
10carry a stated 2026 to 2027 end date or a fund-exhaustion clause
5provinces run a dedicated provincial stream: ON, QC, NB, NS, PE

The tariff funding trackerLIVE ROSTER

All twenty tariff-response and trade-disruption programs in the GrantCompass catalogue. Amounts and intake notes are quoted from each record's verified program data, not news coverage.

Showing all 20 tracked programs.

Statuses and end dates are each record's own words. Open a profile for full eligibility; run the quiz to see how these stack with the rest of the catalogue.
Match me to tariff-ready programs →

Updated September 11, 2026. Every figure on this page was recomputed from the GrantCompass catalogue (973 programs, 678 active) on that date.

01What tariff-response funding actually exists in Canada right now?

Quick answer: Twenty Canadian programs in the catalogue were built to respond to US tariffs and trade disruption. Seventeen are active, one is between intakes, one is closed and one is upcoming. Nine are grants, eight are loans and three are broader programs offering insurance, guarantees or advisory services. The largest single envelope is the Strategic Response Fund for the steel sector at $10 million to $500 million per project, and it is repayable.
GrantCompass catalogue, September 2026 (tariff-response screen, 20 records).

Here is what you need to know. Canada's tariff-response funding is a patchwork assembled in waves since early 2025. The first wave arrived March 7, 2025: BDC launched Pivot to Grow and Export Development Canada opened the Trade Impact Program as part of the Government of Canada's $6.5 billion tariff response package. The largest civilian instrument, the Regional Tariff Response Initiative, is delivered by all seven regional development agencies with $1.95 billion behind it. Provinces followed: Ontario opened the Ontario Together Trade Fund on April 23, 2025 with a $50 million budget, Quebec built the Frontiere and Panorama loans, and New Brunswick, Nova Scotia and Prince Edward Island each stood up a dedicated fund.

Public context, as stated in the program records themselves: the eligibility cutoffs across this roster point at the same moment. Programs from the RTRI to BDC's sector loans test whether your business was viable before March 21, 2025, and Investissement Quebec's record dates the new US tariffs to March 4, 2025. These are the records' own reference points, not our inference; the wider policy story shifts week to week, so we quote rather than summarize.

Three flavours of help, and they are not interchangeable

The most common mistake is treating this funding as one thing; it is three very different things wearing similar branding. Non-repayable grants are real but concentrated in the sub-$1 million range, plus Ontario's up-to-$5 million trade fund. Repayable instruments dominate the large envelopes: BDC loans, the FCC program, the Protect Ontario loans, and even the flagship steel fund, which provides interest-free repayable contributions, explicitly not grants. A third category, fee-based EDC insurance and guarantees, protects cash flow rather than adding capital.

This table is wider than your screen: scroll it sideways to see every column.

FlavourWhat it really isWho runs it
Non-repayable grantsMoney you do not repay, mostly under $1M per projectThe RTRI family, Ontario Together, Ontario TICP, the Atlantic funds, the Worker Retention Grant
Repayable loans and contributionsReal capital, but it comes back, sometimes interest-freeBDC (three programs), FCC, Protect Ontario, Frontiere, Panorama, ONB, the steel-sector fund
Fee-based insurance and guaranteesProtection for exporters; premiums and fees applyEDC Trade Impact Program; GoEU advisory (upcoming)

Figure 1 · Instruments across the roster

  • Grants9
  • Loans8
  • Broader programs3
GrantCompass catalogue, September 2026 (fundingType across the 20-record roster).
Verdict

The best first stop for most tariff-hit SMEs is the Regional Tariff Response Initiative family, because it is sector-agnostic, non-repayable up to $1 million per project, accepts costs up to 12 months old (back to March 21, 2025 at the earliest), and runs through the regional agency you already deal with. The biggest cheques belong to repayable instruments, so read the instrument column before you read the amount column.

02Which twenty programs made the roster, and which did not?

Every record on this page passed the same screen: tariff, trade disruption, retaliation or trade-impact language in the program's own title, summary, eligibility or purposes, followed by a record-by-record manual review. A raw keyword sweep across the full catalogue returns 29 records; once contextual mentions inside generic funder pages and deliberate exclusions are removed, 20 remain. The exclusions were made deliberately, and the reasons matter:

  • Strategic Response Fund (general): the successor to the Strategic Innovation Fund, a broad transformative-projects fund, not the tariff-response steel instrument and not on this roster. The tariff one is the Strategic Response Fund - Steel Sector.
  • Biofuels Production Incentive: motivated by global trade disruption generally, not the US tariffs.
  • AgriMarketing Market Diversification (national stream): a broad export stream that merely prioritizes tariff-impacted sectors.
  • FedDev Ontario's general funding page: mentions the RTRI only to contrast its repayable and non-repayable streams.
  • B.C. Employer Training Grant: tariff language is contextual, not a tariff-response program.

The heavyweight: Strategic Response Fund, Steel Sector

The largest instrument on the roster funds steel-sector modernization at a scale nothing else touches: projects must cost at least $20 million, the federal contribution starts at $10 million, and the record's ceiling runs to $500 million per project. The contribution is interest-free but repayable, and the first step is not an application at all: you must complete a consultation with ISED officials before submitting a Statement of Interest. Intake is continuous with no fixed deadline, and the record's own advice is to submit early in the federal fiscal year, April to June, when fresh budget allocations land. One flag: ISED removed the dedicated steel-sector page in April 2026, and the record notes the program may be folded into the main SRF. It remains active in our catalogue; confirm the entry path with ISED before building a timeline around it.

This table is wider than your screen: scroll it sideways to see every column.

QuestionSRF Steel SectorRTRI (national family)
Scale$10M to $500M per project; $20M minimum project costUp to $1M non-repayable per project; repayable stream to $10M
InstrumentInterest-free repayable contributionNon-repayable grant, or repayable at 75% cost-share
First moveBook the mandatory ISED consultation, then submit an SOIApply through your regional development agency

The workhorse: the Regional Tariff Response Initiative

If the steel fund is the heavyweight, the RTRI is the workhorse. It is delivered nationally by the seven regional development agencies with $1.95 billion behind it, and each agency sets its own windows. The common spine: businesses must have been viable before March 21, 2025, must show roughly 25% of sales into tariff-targeted markets or documented direct impact, and all projects must be complete by March 31, 2028. Costs can count retroactively up to 12 months before your signed funding request, back to March 21, 2025 at the earliest. Two details matter: at several agencies it is first-come, first-assessed, and in southern Ontario the non-repayable stream is restricted to once per company lifetime. In southern Ontario, FedDev Ontario's intake has been paused since May 1, 2026, even though the agency's own landing page still displays an "Intake Open" badge; the Who-can-apply page, which states the pause, governs. Confirm your agency's current window before building a plan around it.

The exporters' layer: EDC, BDC and FCC

Three federal financial institutions carry most of the loan volume. The EDC Trade Impact Program committed $5 billion in additional capacity over two years from its March 7, 2025 launch, putting its window around March 2027; it bundles portfolio credit insurance, export guarantees, trade expansion lending and an FX facility guarantee, all carrying fees. BDC runs three distinct doors: Pivot to Grow (loans up to $5 million; at least 15% of sales from US exports or demonstrated likelihood of tariff harm; $2 million minimum sales), the Steel, Aluminum and Copper Industries Support Program ($250,000 to $50 million for metals manufacturers exporting to the US, $5 million minimum revenue), and the Forestry Support Program ($250,000 to $50 million across Liquidity, Transformation and Softwood Lumber Guarantee streams, $1 million minimum revenue). FCC's Trade Disruption Customer Support Program is the agricultural door: repayable support up to $500,000 for farm operations, agribusinesses and food processors, with principal-payment deferrals of up to 12 months for existing FCC customers, and the programme itself ends March 5, 2027.

The provincial layer: Ontario, Quebec and the Atlantic funds

The Ontario Together Trade Fund pays non-repayable grants up to $5 million for reshoring, technology adoption or market diversification projects with at least $200,000 in eligible costs, and closes when its $50 million budget is committed. The Protect Ontario Financing Program lends $250,000 to $10 million to section 232-tariffed sectors (steel, aluminum, copper, automotive), but only after you have explored federal options first. The Trade-Impacted Communities Program is different: its $250,000 to $10 million grants go to municipalities, Indigenous communities and economic development organizations as lead applicants, so businesses participate as project partners, not leads. Quebec's tariff loans show how quickly the ground moves: the Frontiere tariff liquidity loan ($500,000 to $50 million) closed on March 31, 2026 under a clause written to end it 30 days after tariffs lift, while Panorama, the export diversification loan from $250,000, rolls on with no published sunset. In the Atlantic, Opportunities NB lends $50,000 to $5 million as bridge financing, Nova Scotia's Workforce Tariff Response Fund deploys a $13.8 million envelope for roughly 1,572 workers on a first-come basis, and PEI's Export Enhancement and Diversification Fund funds market diversification at $1,000 to $32,000.

Figure 2 · Largest per-project ceilings in the roster

  • SRF Steel Sector$500M
  • BDC Steel/Aluminum/Copper$50M
  • IQ Frontiere (closed)$50M
  • BDC Forestry$50M
  • Protect Ontario$10M
Per-record amountMax fields, GrantCompass catalogue, September 2026. Per-record amounts, not an aggregate.
"CED gives priority to projects that can be delivered in the short term." CED Quebec RTRI eligibility criteria, via the GrantCompass record, September 2026

That single criterion, from the Quebec stream's own rules, is the closest thing to a shared philosophy across the roster: tariff-response money is meant to be deployed quickly, on projects that start now. Protein Industries Canada's supply chain program, between intakes with a fourth cohort expected in late 2026, funded nine companies for $2.4 million in its second cohort. The Worker Retention Grant covers the labour side, topping up wages weekly for employers with an implemented Work-Sharing agreement, in exchange for funding training for at least 40% of covered weeks; applications close December 31, 2026. And GoEU, announced July 30, 2026 for Ontario companies eyeing European markets, has no application mechanism yet: it is upcoming, and nothing about it can be applied for today.

03Should you apply to federal or provincial programs first?

The roster splits eleven federal records against nine provincial ones, but the answer is rarely either/or; it is sequencing. Several records carry explicit ordering rules. Protect Ontario requires that you have explored federal financial support options first. Opportunities NB expects you to have pursued BDC and EDC financing before it bridges the rest. And the RTRI non-repayable stream in southern Ontario allows the money once per company lifetime, so applying before you are ready is a one-way door.

Figure 3 · Records by delivering level

  • Federal11
  • Provincial9
GrantCompass catalogue, September 2026 (byLevel across the 20-record roster).

The federal layer: scale, lending and the RTRI grants

Eleven of the twenty records are federal, holding both the largest cheques (the steel fund, BDC's sector programs to $50 million) and the broadest non-repayable grants (the RTRI family, the Worker Retention Grant). Nine of the eleven are open to businesses in every province. The trade-offs are scale tests (revenue minimums of $1M to $5M on the loan side, a $20M project floor at the steel fund) and, on the EDC side, fees instead of capital.

The provincial layer: smaller cheques, faster doors

Nine records are provincial, concentrated in Ontario (five) and Quebec (three). Amounts run smaller, from PEI's $1,000 to $32,000 diversification grants to Ontario's $5 million trade fund, but the doors are often faster: fewer applicants, direct navigator contact (ONB's Business Navigators, Innovation PEI's Rural Action Centres) and, in Nova Scotia's case, a fund explicitly first-come until its $13.8 million envelope is gone. Provincial streams also carry residency tests: registered and operating in the province, sometimes with minimum provincial FTE counts.

GrantCompass catalogue, September 2026.

This table is wider than your screen: scroll it sideways to see every column.

LayerBest forWatch out for
Federal loans (BDC, FCC)Established exporters with $1M to $5M+ revenueRepayable; BDC adapts programs as the landscape shifts
Federal grants (RTRI, WRG)SMEs with documented tariff impactOnce-per-company limits; FedDev Ontario intake paused since May 1, 2026
Provincial streamsProvince-anchored businesses wanting faster doorsResidency tests; finite envelopes that close without warning
Fee-based (EDC)Exporters protecting receivables and contractsPremiums and fees; window to approximately March 2027

If you run a steel fabricator in Hamilton with $8 million in revenue and a US customer list that suddenly costs you margin: start with BDC's Steel, Aluminum and Copper program ($250,000 to $50 million, active intake as of May 2026), add the RTRI non-repayable stream as the grant layer, and use Protect Ontario only after documenting that federal options were explored first. If you run a 25-person food processor in Moncton: ONB's tariff working capital loans were written for exactly your situation; go through ONB's Business Navigators rather than a portal. If you run a seafood exporter in Digby: Nova Scotia's workforce fund names your NAICS codes and is first-come.

Verdict

For most businesses the right order is federal first, provincial second: the federal loans carry the volume, the RTRI carries the non-repayable money, and provincial programs are increasingly written to fill what federal help leaves behind. The exceptions are the sequencing rules above, and Nova Scotia, where the provincial fund is the main event.

04When does this funding run out? The 2026 to 2027 watch list

Quick answer: Ten of the twenty programs tracked here carry a stated 2026 to 2027 end date or a fund-exhaustion clause, and twelve of the twenty are rolling or ongoing. The near-term dates that matter: Worker Retention Grant applications close December 31, 2026; the BDC steel and forestry records both carry December 31, 2026 dates; the FCC program ends March 5, 2027; the EDC Trade Impact window runs to approximately March 2027; and the PrairiesCan RTRI window closes December 31, 2027. Everything funded under the RTRI, and everything Nova Scotia funds, must be complete by March 31, 2028.
expiryRisk2026_2027 and deadlines blocks, GrantCompass catalogue, September 2026.

Tariff-response money was built as emergency architecture, and it behaves like it. Some streams carry hard dates. Others carry exhaustion clauses, closing whenever the envelope is committed, which can beat any date on paper. A few carry both. Treat the timeline as the roster's own stated end points, not predictions.

  1. BDC's steel, aluminum and copper program is in active intake with no announced end date, but BDC has said it will adapt the program as the tariff landscape evolves. BDC's advice, recorded in the catalogue: apply promptly.

  2. Worker Retention Grant applications close at 3 PM EST (grant agreements then run to March 31, 2027). The BDC steel and forestry records both carry December 31, 2026 dates, and the Softwood Lumber Guarantee stream ends December 31, 2026 or when its envelope is fully used, whichever comes first.

  3. The FCC Trade Disruption Customer Support Program ends. This is the date the programme itself closes, not a competition deadline: intake is continuous and case-by-case through an FCC Relationship Manager until that day.

  4. The EDC Trade Impact Program's two-year window closes. EDC committed its additional $5 billion in capacity "over two years" from the March 2025 launch. Standard EDC products continue permanently beyond it.

  5. PrairiesCan's RTRI window closes: applications are accepted any time before this date, or until all funding is used, whichever lands first.

  6. The completion deadline under the RTRI nationally: all projects must be fully complete, not merely started. Nova Scotia's workforce fund carries the same completion date, with contracts in place by then.

  7. Ontario Together closes when its $50 million budget is committed. The Ontario TICP Stream 1 runs while its $40 million envelope lasts. Nova Scotia's $13.8 million is first-come until gone. CED Quebec processes until its budget allocation is fully utilised, prioritizing projects that can be delivered in the short term. ONB's envelope is finite. Cohort programs like Protein Industries Canada's run on intake windows, with a fourth cohort expected late 2026.

expiryRisk2026_2027 list (10 records), GrantCompass catalogue, September 2026.

What already closed, and what has not opened yet

The watch list cuts both ways. Quebec's Frontiere program shows what an exit looks like: it closed March 31, 2026 under a clause written to end it 30 days after US tariffs were lifted, and the record advises confirming with Investissement Quebec whether anything has replaced it. On the other side, GoEU was announced July 30, 2026 and, as of August 4, 2026, had no program page, no eligibility criteria, no portal and no intake date. New money can still arrive; it just cannot be applied for until it exists.

The retroactive window is the sleeper detail. Under the RTRI, eligible costs may reach back up to 12 months before your signed funding request, never earlier than March 21, 2025. Work you have already done to adapt, diversify or reshore since spring 2025 can count, but only if you apply; the window moves with your submission date. Waiting does not preserve it.

One more honesty point: statuses here are the catalogue's records as of September 11, 2026, and programs in this space have been modified, paused, extended and folded into successors within months. Before you commit spend against any date above, confirm the live status on the official program page; each tracker result links to the program's full GrantCompass profile, which quotes the official source.

05How do you position a tariff-response application to get approved?

Tariff-response programs share a common anatomy, and it is stricter than a normal grant application. Almost every record anchors eligibility to a pre-tariff baseline (viability before March 21, 2025), requires the impact to be demonstrable in numbers, and asks what you are doing about it. Positioning is the difference between an application that reads as a business adapting and one that reads as a business complaining.

Start here: the IF/THEN ladder

If you are a steel, aluminum, copper or forestry manufacturer exporting to the US, with $1M to $5M+ revenueStart with BDC's sector programs

The Steel, Aluminum and Copper program ($250,000 to $50 million, $5M minimum revenue) and the Forestry Support Program ($250,000 to $50 million, $1M minimum revenue) are in active intake. You must show material negative tariff impact and pre-tariff commercial viability. Recorded end dates: December 31, 2026.

If you are an SME with at least 25% of sales in tariff-targeted markets, anywhere in CanadaStart with the RTRI through your regional agency

Non-repayable up to $1 million per project; repayable streams run higher (FedDev Ontario offers $125,000 to $10 million at 75% cost-share). Costs up to 12 months old count. In southern Ontario, remember the once-per-company lifetime rule and confirm intake status given the pause since May 1, 2026.

If you are a Quebec manufacturer with $2M+ in revenueStart with CED Quebec's RTRI

$100,000 to $1 million, continuous intake until the budget allocation is fully utilised. CED prioritizes projects deliverable in the short term; applications go through a regional business office, not a self-serve portal.

If you are an Ontario business in a section 232 sector with working-capital strainAdd Protect Ontario after federal options

Loans of $250,000 to $10 million for steel, aluminum, copper and automotive businesses with at least $2 million revenue and 10 FTE in Ontario. The record requires that you have first explored or exhausted federal financial support options, so sequence this one second.

If you export, or directly supply an exporterLayer in EDC Trade Impact products

Portfolio credit insurance, export guarantees, trade expansion lending and an FX facility guarantee. These are commercial products with fees and premiums, not grants, and the Trade Impact window runs to approximately March 2027.

If you are reducing hours instead of investingUse Work-Sharing plus the Worker Retention Grant

The grant requires an approved and implemented Work-Sharing agreement first, a Sunday-to-Saturday weekly schedule, a 76-week cap, and funding training for at least 40% of covered weeks. Applications close December 31, 2026 at 3 PM EST.

If you are in New Brunswick, Nova Scotia or PEIGo straight to your provincial fund

ONB tariff working capital loans ($50,000 to $5 million) run through ONB Business Navigators and expect you to have pursued BDC and EDC first. Nova Scotia's workforce fund is first-come from a $13.8 million envelope and names your sector's NAICS codes. PEI's fund backs market diversification at $1,000 to $32,000; verify intake status before spending.

If your steel-sector project costs $20 million or moreGo for the Strategic Response Fund, Steel Sector

Interest-free repayable contributions from $10 million to $500 million. The first step is a mandatory consultation with ISED before your Statement of Interest; book it early. Note the April 2026 removal of the dedicated steel-sector page and confirm the entry path before building your timeline.

Eligibility summaries and intake notes of the named records, GrantCompass catalogue, September 2026.

The documents almost every record asks for

This table is wider than your screen: scroll it sideways to see every column.

DocumentWho asks for itDetail to get right
Financial statements, 2 to 3 yearsNearly the entire roster; FedDev marks them mandatoryThey establish the pre-tariff baseline; the steel fund wants audited statements
Tariff-impact evidenceAll of them, in different shapesUS sales share (25% tests at RTRI and ONB), cost increases, or documented supply chain disruption
Projections and a planFedDev Ontario (3 to 5 years, mandatory), BDC, FCC, ONBFCC wants cash-flow projections showing the disruption's effect on the operation

The five moves, in order

  1. Establish your pre-tariff baseline. Pull your last two to three years of financial statements before you open a form. The viability-before-March-21-2025 test is the hinge of nearly every record here.
  2. Quantify the impact in numbers. Write down your US sales share, the cost increases you absorbed, and the disruption, each with a document behind it. "Tariffs hurt us" is an opinion; a dated revenue line is evidence.
  3. Pick your layer with the ladder above. Respect the sequencing rules: federal-first at Protect Ontario and ONB, once-per-company at the FedDev non-repayable stream.
  4. Assemble the document set before you start writing. Statements, projections, incorporation or registration documents, an organizational chart where asked (BDC), and an action plan: ONB requires one, and Ontario Together funds projects with at least $200,000 in eligible costs.
  5. Submit early and diarize the dates that follow. Ten of these twenty programs end by date or by exhaustion. After approval, completion deadlines bind you: March 31, 2028 for RTRI projects, March 31, 2027 for Worker Retention Grant agreements. Retroactive RTRI costs only count if the application lands.
Verdict

The applications that win in this roster prove three things in order: they were viable before March 2025, they were measurably hit after it, and they have a concrete plan that spends the money quickly. Every record rewards the same narrative. If you cannot yet show the second point with numbers, fix that before you apply.

06Tariff funding FAQ

Is tariff-response funding a grant or a loan?

Mostly a mix, and the mix matters. Of the 20 tariff-response records in the catalogue, 9 are grants, 8 are loans and 3 are broader programs. The biggest headline funds are repayable: the Strategic Response Fund for the steel sector provides interest-free repayable contributions, not grants, and the BDC, FCC and provincial loan programs are fully repayable. The clearest non-repayable money is the RTRI family (up to $1 million per project), the Ontario Together Trade Fund (up to $5 million) and the Atlantic provincial funds. Filter the tracker by repayability to see which is which.

What is the difference between the Strategic Response Fund and the steel-sector fund?

The Strategic Response Fund (SRF) is the general successor to the Strategic Innovation Fund: a broad transformative-projects fund that is deliberately not part of this tariff-response roster. The tariff instrument is the Strategic Response Fund - Steel Sector, a separate stream announced with a $1 billion steel allocation in July 2025, funding projects of at least $20 million total cost with minimum federal contributions of $10 million as interest-free repayable contributions. If a page lists the general SRF as tariff relief, it has blurred the two.

Can I apply to more than one tariff-response program at the same time?

Usually yes, but several records impose sequencing rules. Protect Ontario requires that you have first explored federal financial support options, and Opportunities NB expects businesses to have pursued BDC and EDC financing. The RTRI non-repayable stream in southern Ontario carries a once-per-company lifetime restriction on non-repayable funding, so the order in which you apply there matters. Wherever you apply, disclose the other government funding you hold or have requested.

My business is not in steel or forestry. Is there tariff help for me?

Yes. The RTRI is sector-agnostic: it tests tariff impact (roughly 25% of sales to US or China markets, or documented direct impact) rather than industry. The Ontario Together Trade Fund backs reshoring, technology adoption and market diversification for any tariff-impacted Ontario business, the EDC Trade Impact Program serves any exporter or exporter-supplier, and the PEI, Nova Scotia and New Brunswick funds cover their whole tariff-hit business populations. Steel and forestry simply have the largest dedicated envelopes.

When does tariff-response funding end?

Ten of the 20 programs tracked here carry a stated 2026 to 2027 end date or a fund-exhaustion clause. Fixed dates include the Worker Retention Grant application deadline of December 31, 2026, the recorded December 31, 2026 dates on the BDC steel and forestry records, the FCC programme end date of March 5, 2027, the EDC Trade Impact window running to approximately March 2027, and the PrairiesCan RTRI window closing December 31, 2027. Several more, including Ontario Together ($50 million) and Nova Scotia's fund ($13.8 million), close whenever their envelopes are committed. The full timeline is above.

Do the tariffs need to still be in effect for me to qualify?

Eligibility is anchored to the past, not the present. Programs test whether your business was viable before tariffs were imposed (the reference date that recurs across the roster is March 21, 2025) and whether you can document the impact since. That said, some programs were designed to be explicitly temporary: Investissement Quebec's Frontiere program was written to close 30 days after US tariffs were lifted, and BDC has said its sector programs will be adapted as the tariff landscape evolves. Apply on the assumption that temporary programs can close early.