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Ontario ChronicleOntario Chronicle
Home»Thunder Bay»New Support for Ontario Businesses Facing Tariffs
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Thunder Bay

New Support for Ontario Businesses Facing Tariffs

August 25, 20262 Mins Read
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New Support for Ontario Businesses Facing Tariffs
Tariff relief coming to newly impacted Ontario businesses
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Ontario is broadening its Protect Ontario Financing Program (POFP) to help industries hit by the latest U. S. tariffs.

“No matter what President Trump sends our way, we’ll have your backs,” said Ontario Premier Doug Ford from a podium in Hamilton on Monday.

This financing program was created during the first wave of American tariffs last year and aims to assist businesses struggling due to the ongoing trade conflict.

The POFP helps cover costs such as lease payments, utility bills, and payroll expenses, enabling affected businesses to keep their employees.

Recently impacted sectors include mechanical and electrical equipment, machinery, plastic and paper products, alcohol, furniture, and others.

Ford also took a moment to support Prime Minister Carney, expressing full backing for “this decision to walk away from a bad deal that would have hurt Canadian workers and undermined Canadian sovereignty. And he has my full support to hit back tariff for tariff, dollar for dollar.”

For more information about the POFP and eligibility requirements for businesses, you can find it here.

Sam Goldstein is a 2025 graduate of the Seneca Polytechnic journalism program. Sam’s great passions are for history, politics, and food. Born and raised in Toronto, he works as a multimedia journalist in Thunder Bay. You can reach him at goldsteins@radioabl. ca.

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