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Ottawa announces help for businesses hurt by U.S. tariffs


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  OTTAWA - Federal Finance Minister François-Philippe Champagne has announced help for Canadian businesses affected by the trade dispute with the U.S., giving them time to adjust their supply chains.

The Canadian federal government, as announced by Finance Minister Chrystia Freeland, has introduced a new financial aid package aimed at supporting Canadian businesses affected by U.S. tariffs. This initiative, detailed in an article from The Star dated June 29, 2018, includes a $2 billion fund to help sectors such as steel and aluminum, which have been particularly hard-hit by these tariffs. The aid package is designed to provide relief through loans, guarantees, and other financial supports to help these businesses navigate the economic challenges posed by the trade dispute with the United States.

Read the Full Toronto Star Article at:
[ https://www.thestar.com/politics/federal/ottawa-announces-help-for-businesses-hurt-by-u-s-tariffs/article_8936c79b-0baa-5498-acc2-27409778240c.html ]