Tariff Response: Government of Canada invests close to $64M to help SMEs in steel sector overcome current challenges

The federal government has announced a total of $63,969,920 in financial assistance for 99 Quebec SMEs in the metal processing industry affected by tariffs. This funding will help them overcome challenges to commercialization and to transform in order to remain competitive in the long term. The global economy has changed, and the Government of Canada is responding with determination and strength to protect Canadian workers and businesses.

The full list of projects receiving funding as part of today’s announcement and details on CED’s investment are available for consultation in the related backgrounder. Through these projects, over 1100 well‑paid jobs will be created or maintained across Quebec.

News release