The Regional Tariff Response Initiative (RTRI), delivered by Pacific Economic Development Canada (PacifiCan) in British Columbia, aims to support small- and medium-sized businesses facing challenges caused by tariffs that disrupt export markets and global supply chains. In the face of economic uncertainty, the Government of Canada is committed to defending its industries, fostering growth, and investing in long-term resilience.
On September 5, 2025, the Canadian government announced an increase in the RTRI’s national funding from $450 million to $1 billion over three years. This significant investment will help businesses adapt to trade shocks, diversify export markets, improve productivity, optimize supply chains, and boost domestic trade across Canada. The initiative is delivered through regional development agencies, with a focus on supporting businesses most vulnerable to trade volatility.
Businesses and organizations in British Columbia will be able to access program details and apply for support through PacifiCan’s website starting September 15, 2025. The RTRI is part of a broader federal strategy to counteract the effects of tariffs, particularly those imposed by the United States, while strengthening Canada’s economic interests and workforce.
Additional measures complementing the RTRI include the Large Enterprise Tariff Loan Facility, the Business Development Bank of Canada’s Pivot to Grow initiative, and support for the steel sector via the Strategic Response Fund. Collectively, these efforts underscore Canada’s commitment to industrial strength and job security.
On July 16, 2025, the government also announced targeted support of up to $150 million through RTRI specifically for steel sector businesses, alongside enhancements to other related programs. PacifiCan plays a key role as the federal economic development agency in British Columbia, working with partners to build innovative businesses, create jobs, and promote inclusive growth throughout the province.
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