Tariff Update: Canada Strong Response Plan & Business Supports
Following the federal government's latest announcement, we wanted to provide CTMA members with an update on Canada's response to the new U.S. tariffs taking effect on September 8, 2026. The Government of Canada has unveiled the Canada Strong Response Plan, introducing targeted counter-measures and a $7.5 billion support package designed to help Canadian workers and businesses navigate the ongoing trade dispute. What’s changing? Beginning September 8, Canada will implement up to 15%, 25%, and 50% counter-tariffs on approximately $27.6 billion worth of U.S. imports. The measures are intended to match U.S. tariff actions while supporting Canadian industry through a rapid,
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
MEDJCT launches Ontario Together Trade Fund
The Ministry of Economic Development, Job Creation & Trade (MEDJCT) has recently launched a new competitive funding program to support businesses to make near-term investments to enhance trade security and trade diversity – the Ontario Together Trade Fund (OTTF). The OTTF is a $50 million fund to help businesses make short-term investments. It aims to help businesses serve more customers across the provinces, develop new markets, and bring back critical supply chains affected by U.S. tariffs. The program provides funding for companies to address impacts of U.S. trade disruptions and that align with Ontario’s key economic priorities, including: Trade diversity: Diversifying sales portfolios: Expanding
CTMA Attend The Empire Club: February 19, 2025
Manufacturing and Exporting in the New World Order – Trade, Tariffs and Trump February 12, 2025 On Wednesday February 19th 2025, Executive Director, CTMA, Robert Cattle attended this event hosted by The Empire Club. Our very own (Past President CTMA) David Glover co-owner of Harbour Technologies was a featured speaker along with Simon Drexler from Samuel Automation, Rob Wildeboer from Martinrea International Inc, Dawn Desjardins from Deloitte Canada and Vincent Caron from Canadian Manufacturers and Exporters. Robert gave an overview: It was a very interesting discussion on what the effects would be if the total
US Tariffs Chamber Of Commerce Breakfast
Cambridge Chamber of Commerce February Good Morning Breakfast February 12, 2025 The CTMA is working tirelessly to understand what is happening with the US tariffs in hopes of supporting our members. The February Good Morning Breakfast featured an exclusive behind-the-scenes recording of Business to Business, the radio show airing on 570 News every Sunday. Hosted by Ian McLean, President and CEO of the Greater Kitchener-Waterloo Chamber of Commerce, and Greg Durocher, President and CEO of the Cambridge Chamber of Commerce, the event provided valuable insights. The special guest speaker, Flavio Volpe, President of the Automotive Parts Manufacturers'
US Proposed Tariffs on Canadian Exports
U.S. Proposed Tariffs on Canadian Exports. What It Means For Our Members As you are no doubt aware, the United States has announced potential tariffs that will directly impact the Canadian tooling and machining industry. After coming within hours of initiating 25% tariffs on Canadian and Mexican exports to the United States on February 4, the American administration has announced that these tariffs will not be implemented for at least an additional month. To be clear, the threat of tariffs has not gone away—there remains a strong possibility that they will be implemented a month from