Quebec and Canada Sturdy – Canada.ca

Highlighting measures to guard, construct, and rework Canadian strategic industries

September 8, 2025 – Montréal, Quebec

Today, the Honourable Mélanie Joly, Minister of Industry and Minister liable for Canada Economic Development for Quebec Regions, highlighted a sequence of latest strategic measures for Canadian industries most impacted by U.S. tariffs and commerce disruptions, together with aluminium and metal. These initiatives will assist Canadian companies retool their manufacturing and diversify their merchandise.

These new measures embrace the next:

• A brand new Strategic Response Fund: The authorities will make investments $5 billion via a brand new fund with versatile phrases to assist companies in all sectors impacted by tariffs adapt, diversify and develop, with assist supplied to industries by new workforce alliances to align coaching and workforce wants.
• A brand new Buy Canadian coverage: The authorities will introduce a brand new coverage to make sure the federal authorities buys from Canadian suppliers, require native content material when home suppliers are unavailable, prolong this strategy to all federal funding streams and Crown companies, and supply a roadmap for provinces and municipalities to use related requirements to their very own procurement.
• Immediate liquidity aid: The authorities will increase Business Development Bank of Canada loans for small and medium-sized enterprises (SME) to $5 million, present extra versatile financing via the Large Enterprise Tariff Loan Facility, and provides the auto sector flexibility by waiving 2026 mannequin yr automobiles from Electric Vehicle Availability Standard necessities and by launching a right away 60-day evaluate to cut back prices.
• Regional Tariff Response Initiative: The authorities will increase assist to SMEs to $1 billion over three years, with versatile phrases, and improve new non-repayable contributions to eligible companies impacted by tariffs throughout all affected sectors, together with agriculture and seafood.

The aluminum trade is one in every of many who construct Canada and might be central to our future competitiveness as a rustic. As we construct the economic system of the long run, the federal government is making certain enterprise and staff within the aluminum sector can seize alternatives at house and world wide.