New Protect Ontario Financing Program offers financial relief for tariff-impacted businesses
The Ontario Government has launched the Protect Ontario Financing Program to assist eligible Ontario companies impacted by tariffs with financial support to help cover everyday expenses (working capital). The Program is designed to provide critical support for businesses that are facing significant tariff-related disruptions as a result of s.232 tariffs on steel, aluminum and autos. This fund will provide immediate relief for Ontario businesses that are facing s.232 tariff-related working capital challenges, such as: payroll lease payments utility payments Eligibility The fund supports for-profit businesses (legal entity or limited partnership) registered to carry out business in Ontario. Eligibility To
Up to $20,000 available for employers to hire & train apprentices
Support Ontario Youth is pleased to partner with ApprenticeSearch.com to offer employers up to $20,000 in grants for hiring and training first-year apprentices in the Construction and Manufacturing Trades. Financial incentives as part of this program include: $5,000 per apprentice per year for a max of two Level 1 apprentices per employer; or $10,000 per apprentice per year for a max of two Level 1 apprentices if the apprentice identifies as being from an under-represented group. All it takes is 5 minutes or less to know if you qualify. For starters, do you fit this criteria: Have you hired a
Subscribe to the Members Forum – Exclusive to CTMA Members
Have a question you need answered instantly? Looking for recommendations? Machine time? quoting software? Whatever it is, the forum provides direct contact with CTMA members. Get your responses instantly from others in the industry! How to Subscribe: Step 1: Under the MEMBERS ONLY drop-down menu, scroll down & click DISCUSSION FORUM. If not logged in, LOG IN. Once the Discussion Forum page loads, click on GENERAL DISCUSSIONS. Click on SUBSCRIBE FOR NEW TOPICS. You should receive an email asking you to confirm your subscription. Open your email and CONFIRM SUBSCRIPTION! If you don’t see it in your inbox, check
Finding the right type of financing for your business projects
The growth of your business depends on accessing the money you need for your day-to-day operations and expansion projects. To ensure the sound financial management and successful growth of your company, it’s essential to match the projects you’re planning with the right kind of financing. Josée Quevillon, assistant vice president, financing products and strategy, at BDC, offers her thoughts on how different financing products and correspond to the major projects you will take on. Real estate: A commercial mortgage Whether constructing a building or buying an existing one, you will likely need to get a commercial mortgage to pay for