Morning, Grower.

Today, we’re sharing financial relief resources introduced since the beginning of March in response to tariffs.

Financial Relief for Ontario Farmers Facing Tariff-Related Challenges

Over the last 6 weeks, in response to international tariff pressures from the US, the federal and Ontario governments have announced several financial relief programs.

Below is a summary of programs introduced to support those affected by US tariffs.

Farm Credit Canada: Trade Disruption Customer Support Program

What’s offered: Up to $1 billion in new lending, including a $500,000 credit line and term loans. Existing FCC clients can also defer principal payments for up to 12 months.
Who qualifies: New or existing FCC borrowers in good standing prior to the impact of tariffs.

👉 Learn more & apply 

BDC: Pivot to Grow Loan Program

What’s offered: $500 million in financing and loan deferrals for SMEs affected by US tariff uncertainty. Also includes advisory services.
Who qualifies: SMEs exporting at least 25% of their sales to the US, with $2M+ in annual sales and positive cash flow.

👉 Apply online or visit the program page

EI Work-Sharing Program: Temporary Measures

What’s offered: Up to 76 weeks of support to help avoid layoffs through reduced work weeks, with income support for eligible employees.
Who qualifies: Employers with a temporary decline in business due to tariffs, operating for at least one year with at least two eligible EI employees.

👉 Apply here or read more

EDC: Trade Impact Support Program

What’s offered: $5 billion over two years to support Canadian exporters with tools to navigate market access, non-payment, and expansion hurdles.
Who qualifies: Any Canadian exporter affected by global trade disruptions.

👉 Details here

CRA: Tax Deferrals & Relief

What’s offered: Deferral of corporate income tax and GST/HST payments from April 2 to June 30, 2025, plus waived interest on existing balances.
Who qualifies: Any business filing GST/HST or corporate income tax returns.

👉 More information

Ontario Tax Relief: Penalty & Interest Waiver

What’s offered: No penalties or interest on missed payments for certain provincial business taxes between April 1 and October 1, 2025.
Who qualifies: All Ontario businesses. Applies to taxes like the Employer Health Tax, Fuel Tax, Tobacco Tax, and more.

👉 Details here

WSIB: Additional Surplus Rebates

What’s offered: An additional $2 billion in surplus rebates will be distributed to eligible Schedule 1 businesses this spring.
Who qualifies: Businesses registered with Ontario’s WSIB.

👉 Stay updated

These supports are designed to help stabilize your operations and livelihood during this period of economic uncertainty, and we’re here to share as we learn more. If your farm exports to the US or is in a supply chain affected by tariffs, hopefully the resources above will help. 🙂

We’d love your input! If you have a content suggestion or question, reply to this email or email us at [email protected]