Steel and Aluminium Industries Support Program
LoanCanada — federal$250,000 – $50,000,000
BDC-administered $1 billion federal financing program providing working capital loans of $250,000 to $50 million to Canadian manufacturers in the steel, aluminium, and copper industries to help manage rising tariffs and maintain operations. Eligible businesses must be based in Canada, have minimum annual revenues of $1M, be in operation for 3+ years, and demonstrate material exposure to U.S. tariffs.
What you'll need
- Business registration and organizational chart
- 3 years of financial statements including interim statements if applicable
- Recent financial statements with cash-flow statements
- Borrowing-based information and compliance certificate
- Tariff-related requirements and supporting information demonstrating material exposure