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Ontario Together Trade Fund │ Government of Ontario

April 23, 2025

Value

Funding will be provided through a grant or loan up to a maximum of $5 million. Funding levels will be based on an assessment of the project impact.

Description

The Ontario Together Trade Fund (OTTF) provides financial support to help businesses near-term investments so they can serve more interprovincial customers, develop new markets and re-shore critical supply chains in the face of U.S. tariffs.

Eligible Applicants

The fund supports for-profit businesses (legal entity or limited partnership) registered to carry out business in Ontario.

To be eligible, businesses need to:

  • operate within Ontario
  • have at least three years of operations/financial statements (refer to Operating Experience section in program guidelines to determine financial statement requirements)
  • employ at least 5 full time equivalent (FTE’s) active employees
  • demonstrate the following due to the imposition of U.S. tariffs:
    • operates in a sector extensively targeted by U.S. tariffs (for example, steel sector, auto sector, aluminum)
    • significant exposure to trade risk (for example, revenue loss of 30% or higher), or pivoting operations to supply a customer that is looking to replace a current supplier due to tariffs

Applicants that do not meet the minimum number of employees, but are significantly impacted by U.S. trade exposure, may still be considered for funding if the project demonstrates considerable benefits to Ontario’s economy.

Eligible Expenses

Eligible cost categories:

  • facilities and infrastructure
  • equipment and machinery
  • one-time labour
  • materials
  • specialized expertise
  • training and talent costs
  • permits and fees
  • new market access

Projects must address the impacts of U.S. trade disruptions and align with Ontario’s key economic priorities, including:

Trade diversity:

  • Diversifying sales portfolios: Expanding market reach to new markets, with a focus on interprovincial trade.

Trade security:

  • Enhancing competitiveness: Increasing manufacturing capacity and capabilities and increasing profitability through investments in advanced technology and innovative processes.
  • Contributing to regional and sectoral ecosystems: Strengthening Ontario’s supply chains through reshoring and efforts to procure more equipment and supplies from Ontario and Canada.
  • Creating and or retaining jobs

Deadline Date

April 23, 2025

Contact

Contact Name: Government of Ontario

E-mail Address: ottf@ontario.ca

Website: https://www.ontario.ca/page/ontario-together-trade-fund

Industry:

Employment, Export

Location:

Ontario

Tags:

Business

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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