In response to recent economic developments and the increase in tariffs imposed by the United States, the governments of Quebec and Canada have announced new support measures for businesses.
These measures are designed to reduce the financial impact of these tariffs and offer solutions tailored to different business sectors.
What Kind of Support Is Available (grants and financing)?
The announced programs include several forms of financial support, including:
Investissement Québec’s Frontier program
This program offers financial assistance of up to $50 million per company. This initiative is designed to provide a rapid response to the liquidity needs of companies facing temporary difficulties. Financing is granted for a 12-month period, enabling companies to stabilize their cash flow and adapt their business model or supply chain in response to economic challenges.
The Chantier productivité program
Part of Investissement Québec’s Essor program, this program is designed to improve business productivity. It offers flexible financial assistance to support investment projects. Companies embarking on projects over $10 million can receive interest-free repayable loans, as well as non-repayable grants, if their projects have a major impact on productivity.
Investissement Québec’s Panorama program
It is designed for exporting companies. It provides financial support to help meet working capital requirements, while supporting projects aimed at increasing or diversifying sales, both in Canada and internationally, with the exception of the United States. This program supports companies in their international growth strategy, enabling them to expand into new markets.
Grand V Initiative(Québec funding)
This Investissement Québec program aims to stimulate investment by encouraging companies to adopt innovative and sustainable solutions. The aim is to accelerate digital transformation and implement processes that strengthen long-term productivity, while propelling business growth through investments in research, innovation and sustainability.
The Caisse de dépôt et placement du Québec (CDPQ) program
The CDPQ has set up a program to encourage Quebec companies to invest in strategic projects. The program focuses on projects designed to improve productivity or help companies diversify into new markets. By supporting these projects, the CDPQ aims to help companies strengthen their competitiveness and seize new opportunities for growth.
The Training for Employment Resilience and Competitiveness program
Managed by the Commission des partenaires du marché du travail (CPMT), this program is designed to support workers in the manufacturing, transportation and natural resources sectors. In response to tariff threats, this program enables companies to finance training for their employees to strengthen their competitiveness and resilience in the face of economic challenges.
The Quebec government covers up to 85% of the costs of training courses lasting 12 months or less, giving companies significant financial assistance.
This initiative aims to mitigate the impact of tariff threats on workers and improve their skills, thus contributing to the competitiveness of the sector as a whole.
How Can Your Company Benefit?
In keeping with our mission to always be your business ally, we closely monitor the evolution of these programs to help you obtain the most appropriate assistance. Our experts in tax incentives and government financing can help you :
- Identify the grants and subsidies for which you are eligible.
- Demonstrate the impact of tariffs on your operations to maximize your access to funds.
- Structure your application to maximize your chances of success.
If you’d like to find out more about these new measures and how your company can benefit from them, our experts are on hand to analyze your specific situation. Whether it’s to assess your working capital needs, identify the most appropriate financing solution or assist you with the administrative procedures, don’t hesitate to contact our team. Our expertise in government programs enables us to provide you with effective, personalized support.
We’re here to help you turn these opportunities into growth drivers for your company.
More questions? We have the answer.
How can we support companies?
There are many ways to support businesses.
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Through professional coaching
- Identification of eligible grants and subsidies
- Tariff impact analysis
- Structuring funding applications
- Strategic advice to maximize growth opportunities
- Government funding programs (provincial and federal subsidies)
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- Investissement Québec’s Frontière program (up to $50 million per company)
- The Chantier productivité productivity improvement program
- The Panorama program for exporting companies
- The Grand V Initiative to stimulate innovation
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By supporting training
- Training for employment resilience and competitiveness program
- Financing of up to 85% of training costs
- Training tailored to the manufacturing, transportation and natural resources sectors
What are other business support activities (subsidies) in Canada?
Here are the other business support activities in Canada:
- Industrial Research Assistance Program (IRAP): financial support for R&D and innovative projects
- The CanExport Program for expansion into new international markets (financing up to $50,000)
- Student Internship Program (up to $7,000)
What are the 3 possible financing methods for companies?
Companies have three main financing options:
- Self-financing
- This refers to the company’s ability to generate its own financial resources.
- From profits earned and reinvested in the company
- The primary and most autonomous source of financing
- Debt financing
- Traditional bank loans
- Operating credit margins
- Leasing
- Government loan guarantees
- Bonds or debt securities
- Equity financing
- Capital increase through new investors
- Venture capital
- Crowdfunding
- Angel investors
- Share issues for public companies
Each financing method has its own advantages and requirements. The choice will depend on the company’s financial situation, stage of development and growth objectives.
