Ontario Introduces $1 Billion Loan Program to Support Businesses Impacted by US Tariffs

Ontario Introduces $1 Billion Loan Program to Support Businesses Impacted by US Tariffs
Ontario Finance Minister Peter Bethlenfalvy in a file photo. The Canadian Press/Andrew Lahodynskyj
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Ontario is rolling out a $1 billion loan program to provide emergency funding to businesses that have been hard-hit by U.S. tariffs.
Finance Minister Peter Bethlenfalvy unveiled the $1 billion Protect Ontario Financing Program at a press conference held in Queen’s Park this week, emphasizing that the fund will support struggling industries, including the province’s steel, aluminum, and automotive sectors.
Jennifer Cowan
Jennifer Cowan
Author
Jennifer Cowan is a writer and editor with the Canadian edition of The Epoch Times.