On September 5, 2025, PacifiCan announced a major expansion of its Regional Tariff Response Initiative (RTRI), boosting the fund from $450 million to $1 billion over three years. This enhancement aims to bolster British Columbia’s small- and medium-sized enterprises (SMEs) as they navigate the challenges posed by shifting tariffs and strained global supply chains.
Under the revamped RTRI, eligible B.C. businesses can receive tailored assistance to:
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Streamline operations and raise productivity
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Explore new international and domestic markets
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Fortify supply chains for greater resilience
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Strengthen ties within Canada’s domestic economy
Applications open on September 15, 2025, via the PacifiCan portal. Participating companies will benefit from a coordinated suite of supports delivered by Canada’s network of regional development agencies.
“British Columbia’s innovators and entrepreneurs have the creativity and drive to thrive,” said the Honourable Gregor Robertson, Minister of Housing and Infrastructure and PacifiCan lead. “With this significant investment, we’re equipping local firms to seize fresh growth opportunities and contribute to a stronger, united Canadian economy.”
The enhanced RTRI complements a broader federal package that includes the Large Enterprise Tariff Loan Facility, BDC’s Pivot to Grow program, and a targeted $150 million steel-sector support stream launched in July 2025. Together, these measures form Canada’s strategic response to international tariff pressures and underscore the government’s commitment to safeguarding jobs and fostering long-term competitiveness.
For more information and to apply, visit the PacifiCan website starting September 15, 2025.
Contact:
Renée LeBlanc Proctor, Senior Communications Advisor, renee.proctor@infc.gc.ca
Lynsey Brothers, Communications Manager, lynsey.brothers@pacifican.gc.ca