08/29/2026
If your business has been feeling the pressure from U.S. tariffs, the federal government just announced some support you should know about before September 8.
Here's the short version: $7.5 billion in total support for Canadian businesses and workers. For employers specifically, the most relevant piece is a $3.5 billion rapid response fund that includes extended EI and retention support, basically help to keep your staff on rather than having to let people go while things are uncertain.
There's also funding for cash-flow relief: non-repayable grants and interest-free loans through Canada's regional development agencies, plus $500 million through BDC if you need immediate breathing room.
Canadian retaliatory tariffs start September 8. If that date is on your radar and you're making workforce decisions, it's a good idea to see what support is available to you first.
https://calgarychamber.com/whats-new/statement-calgary-chamber-encouraged-by-federal-support-for-businesses-impacted-by-tariffs-policy/
The Calgary Chamber welcomes this morning’s announcement from the federal government of $7.5 billion in strategic supports to protect Canadian businesses and workers from the impact of new U.S. tariffs.