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Ontario Announces New Together Trade Fund

April 17, 2025
By Bob Peters

Cornwall Ontario – Ontario is launching the new $50 million Ontario Together Trade Fund (OTTF) to help businesses make near-term investments so they can serve more interprovincial customers, develop new markets and re-shore critical supply chains, strengthening Ontario’s trade security and diversification.

Ontario Together Trade Fund

OTTF provides financial support to help businesses near-term investments so they can serve more interprovincial customers, develop new markets and re-shore critical supply chains in the face of U.S. tariffs. Projects must address the impacts of U.S. trade disruptions and align with Ontario’s key economic priorities, including:

  • Diversifying sales portfolios – Expanding market reach to new markets, with a focus on interprovincial trade.
  • Enhancing competitiveness – Increasing manufacturing capacity and capabilities and increasing profitability through investments in advanced technology and innovative processes.
  • Contributing to regional and sectoral ecosystems – Strengthening Ontario’s supply chains through reshoring and efforts to procure more equipment and supplies from Ontario and Canada.
  • Creating and or retaining jobs

Funding

Funding will be provided through a grant or loan up to a maximum of $5 million. Funding levels will be based on an assessment of the project impact.

Eligibity

To be eligible, Ontario-based businesses need to have at least three years of operations and employ at least 5 full time equivalent (FTE’s) active employees.  Companies must also invest at least $200,000 in eligible project costs, and the project must have a completion date within 2 years. More detailed eligibity requirements can be found here:

Intake – April 23

OTTF will begin accepting applications on April 23, 2025. The intake period is continuous which means applicants can submit their application any time while the program is open.

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