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ARTICLE · 25 FEBRUARY 2025

Emerging Financial Aid For Businesses Hit By U.S. Tariffs

Miller Thomson
Miller Thomson
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With the looming threat of 25% tariffs by the United States on Canadian imports, businesses in affected sectors are eager to see how both the federal and provincial governments will provide liquidity assistance or other support beyond imposing retaliatory tariffs and reducing reliance on American products to promote buying Canadian

CanadaInternational Law

With the looming threat of 25% tariffs by the United States on Canadian imports, businesses in affected sectors are eager to see how both the federal and provincial governments will provide liquidity assistance or other support beyond imposing retaliatory tariffs and reducing reliance on American products to promote buying Canadian. The uncertainty remains, but businesses can take note that government policies to finance and lend to those affected by the tariffs are beginning to take shape.

In the coming months, financing solutions will play a crucial role in a broader strategy to mitigate the economic fallout from these tariffs. Though plans are still evolving, initial measures from the federal government and major financial institutions in Quebec, such as the Caisse de dépôt et placement du Québec (CDPQ) and Investissement Québec (IQ), offer insight into how governments and institutional lenders may step in to support affected businesses.

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