The Ontario government has announced a $16.5 million investment through the Ontario Together Trade Fund to support companies and workers affected by U.S. tariffs. This funding will help businesses strengthen their resilience, expand production capacity and bring critical supply chains back to Ontario. The first round of funding includes eight projects representing over $120 million in total investments, which will create more than 300 new jobs and safeguard nearly 1,200 existing positions across the province.
The announcement took place in Vaughan, where three local companies were highlighted. Burnco Manufacturing is receiving support to enhance production capacity and efficiency, a project that will generate new employment while protecting current jobs. Heali Medical Corp. is being funded to shift production from China back to Ontario and pursue new global markets, strengthening both its workforce and international competitiveness. Letar Inc. is receiving investment to establish a chemical processing facility, which will contribute to job creation and reinforce Ontario’s advanced manufacturing capabilities.
The Ontario Together Trade Fund was introduced in Budget 2025 as part of a broader plan to deliver tariff relief and economic support for businesses and workers facing uncertainty. With a strong focus on small and medium-sized enterprises, the program helps companies upgrade operations, find new market opportunities and protect local jobs. Due to high demand, the province recently expanded the fund by an additional $100 million, bringing the total to $150 million over three years.
Local leaders welcomed the investment, emphasizing its role in protecting jobs, supporting innovation and strengthening community resilience. As U.S. tariffs continue to challenge Ontario industries, the provincial government remains committed to providing targeted support, reducing barriers and building a stronger, more self-sufficient economy.
