Businesses in Atlantic Canada will be able to access $80 million of the $1 billion tariff relief fund set up by the federal government, Prime Minister Mark Carney said Monday.
Ottawa set aside $1 billion for a regional tariff response initiative to help small and medium-sized businesses diversify their markets and adopt new technologies.
That funding was part of a package of protectionist policies and tariff relief measures announced Friday for businesses dealing with the effects of U.S. President Donald Trump’s trade war.
Friday’s announcement also included a $5 billion fund to help companies pivot to new markets, keep skills and production in the country and become more competitive globally, along with a “Buy Canadian” policy for the federal government….