Up to $50 Million in Loans for Quebec Companies Vulnerable to US Tariffs: Legault

Quebec's Prime Minister Francois Legault arrives to attend the 19th Summit of the Francophonie at the "Cite internationale de la langue francaise" in the castle of Villers-Cotterets, north-eastern France, on Oct. 4, 2024. Ludovic Marin/AFP via Getty Images

Quebec Premier François Legault says companies vulnerable to U.S. tariffs can apply for loans up to $50 million.

Legault announced the new loan program today, hours after U.S. President Donald Trump imposed 25 percent across-the-board tariffs on Canadian goods, and a 10 percent levy on energy products.