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Structured register of government actions in the geoeconomic space — export controls, tariffs, sanctions, FDI screening, subsidies, industrial-policy laws — cross-referenced into the country, minerals, and ETF surface. Charter: docs/IPTM_CHARTER.md.
Severity 1-5 is the qualitative impact rating (1=minor, 5=structural). The bilateral-trade-grounded quant scorer is the next IPTM milestone. RBI (Register Breadth Index) is a complementary structural-breadth indicator from scripts/py/iptm/breadth.py; divergence between RBI and severity is itself informative (high-sev / low-RBI = strategic chokepoint; low-sev / high-RBI = broad but shallow). Every action has at least one primary source URL. Verify-or-don't-file. See also themes, timeline, graph, sankey, map, country exposure, sector exposure, material exposure (+ graph), weekly briefs, portfolio scan, escalation monitor, trans-shipment hubs. Internal triage tools (RSS-poller candidate feed, source-feed health) live under /admin/candidates + /admin/sources. Subscribe via Atom feed (accepts ?country=CN, ?material=lithium, ?issuer=BIS, ?type=export_control, ?etf=SOXX, ?company=NVDA, ?minSeverity=4, ?year=2026, ?q=…) or pull /api/iptm/actions.
Canada's Department of Finance published an updated list of over 700 US-origin products subject to counter-tariffs effective 2026-09-08, covering CA$27.6 billion of US imports across steel, aluminium, dairy, appliances, agricultural equipment, pulp/paper and electronics. Rates (15%, 25% or 50% depending on product) are matched dollar-for-dollar to the corresponding US Section 338/232 tariffs on the same goods, explicitly countering the United States' 22 August 2026 decision to impose a 50% tariff on CA$27.6 billion of Canadian goods. Steel and aluminium flat-rolled products carry the top 50% counter-rate.
On 3 July 2026 the Canadian International Trade Tribunal (CITT) issued a final injury finding in Inquiry NQ-2025-009, determining that dumped (and, for non-cooperating exporters, subsidized) imports of truck bodies from China have caused material injury to the Canadian domestic industry. Final anti-dumping duties of 119.4% (Qingdao CIMC Reefer Trailer Co., Ltd.) and 257.1% (all other exporters) are now collected by CBSA on goods released on or after 3 July 2026. CBSA separately terminated the parallel subsidy (countervailing duty) investigation with respect to CIMC Reefer on 4 June 2026 after finding its subsidy margin (0.9%) insignificant; CBSA and CITT statements indicate the countervailing-duty track continued and duties are being collected for the non-cooperating "all other exporters" category.
On June 17, 2026, at the margins of the G7 Évian summit, Prime Minister Carney and Chancellor Merz issued a bilateral joint statement committing Canada and Germany to a critical-minerals stockpiling partnership with capital investments to be concluded by end-2026. The statement also launches a joint supply chain mapping initiative to identify priority battery-value-chain opportunities, with a specific named project — RCT Solutions (DE) + Sio Silica + Manitoba partners — targeting the extraction and integrated solar manufacturing of 99.9%+ purity silica sand. It builds on the August 2025 CA–DE Declaration of Intent (which established the supply-chain mapping framework and business missions) and extends the relationship into binding capital-deployment commitments.
On 21 April 2026, the Canadian International Trade Tribunal issued a final injury finding in Inquiry NQ-2025-005, determining that the dumping of oil country tubular goods (OCTG) originating in or exported from Mexico, the Philippines, Türkiye, and South Korea has caused material injury to the domestic Canadian steel industry. Anti- dumping duties are payable on imports released by CBSA on or after 21 April 2026 and remain in effect for five years. The US investigation was terminated separately.
The Canada Border Services Agency initiated an anti-dumping investigation (Case OCTG6 2026 IN) on 2 February 2026 into oil and gas well casing originating in or exported from Austria, following a complaint by Tenaris Canada. On 4 May 2026 the CBSA issued a preliminary determination finding a dumping margin of 22.6% of export price for Voestalpine Tubulars GmbH & Co KG, the sole named Austrian exporter, but declined to impose provisional duties, assessing that they were "not necessary to prevent injury." The case covers oil and gas well casing under 28 HS tariff classification codes (7304.29.00.12-.29 and 7306.29.00.12-.29). The Canadian International Trade Tribunal's parallel injury inquiry (NQ-2026-002) is due to conclude by 1 September 2026; only a positive injury finding triggers definitive duties.
On 27 January 2026, the Government of Quebec via Investissement Québec announced a CAD 40 million equity (preferred shares) investment in Vention, a Montreal-based industrial-automation and physical-AI software/hardware platform, as part of a CAD 150 million total financing round. Co-investors in the round included NVentures (NVIDIA's venture arm), Desjardins Capital, and Fidelity Investments Canada. The province frames the investment as building a Canadian-headquartered global leader in robotics/automation software rather than as a trade-restrictive measure.
On 20 January 2026, Canada Growth Fund Inc. (CGF), a CAD 15bn federal Crown investment vehicle, invested US$25 million into Cyclic Materials Inc., a Kingston, Ontario-based rare-earth recycler. The investment forms part of a US$75 million Series C preferred-equity round led by T. Rowe Price Associates, with continued participation from existing investors; CGF's US$25 million contributes roughly one-third of the total raise. Proceeds expand Cyclic's Kingston Center of Excellence and Canada-based R&D footprint and accelerate commercial deployment of its Hub-and-Spoke recycling process, which recovers magnet metals (rare-earth oxides) from end-of-life products and manufacturing scrap at a stated 98%+ recovery rate.
On January 16, 2026, following Prime Minister Mark Carney's visit to Beijing, Canada and China released a joint "Economic and Trade Cooperation Roadmap" committing both countries to a "healthy, stable and sustainable" trade relationship under a new Strategic Partnership. Canada welcomes Chinese investment in energy, agriculture and consumer products; China welcomes Canadian investment in energy, new materials, aerospace, modern agriculture and advanced manufacturing. Both sides commit to two-way investment and trade in clean and conventional energy and to maintaining open channels to resolve outstanding agricultural trade disputes. The roadmap upgrades the bilateral Joint Economic and Trade Commission to minister-level leadership with annual meetings. It is a political-commitment instrument, not a binding trade agreement, and names no tariff changes, quotas, or specific dollar figures.
On 15 January 2026, Canada's Minister of Housing and Infrastructure announced the federal government's CAD 950.9 million contribution — matched by a CAD 950 million Ontario investment, for a combined CAD 1.9 billion — toward the Toronto Transit Commission's contract with Alstom Americas for 55 new subway trains (New Subway Train / Line 2 fleet). The procurement is publicized as the first implementation instance of the Buy Canadian Procurement Policy Framework (in force since 16 December 2025): TTC states 55% of train content will be Canadian-sourced, with final assembly at Alstom's Thunder Bay, Ontario plant and testing in Kingston, Ontario, creating roughly 900+ direct and 1,700+ indirect jobs. Global Trade Alert logs the intervention as a public-procurement localisation measure affecting India and the United States as the countries where Alstom's competing manufacturing bases (and rival bidders) would otherwise have supplied the contract.
On 15 January 2026, Canada Growth Fund Inc. (CGF), a CAD 15bn federal Crown investment vehicle, announced it will lead an up to US$85 million structured financing for Mangrove Water Technologies Ltd. (Mangrove Lithium), a British Columbia-based lithium refiner. CGF's own commitment is up to US$65 million, alongside continued participation from existing investors Breakthrough Energy Ventures and BMW i Ventures; the CGF tranche closed concurrently with a separate CAD 9 million loan from National Bank of Canada backed by the federal Clean Technology Manufacturing Investment Tax Credit. Proceeds commission Mangrove's 1,000-tonne-per-annum Single Stack Plant in Delta, BC and advance development of a planned 20,000-tonne-per-year full-scale plant, with the government citing the deal as reducing reliance on overseas lithium processing and building an onshore mining-to-refining supply chain.
On 9 January 2026, Canada's Minister of Industry Mélanie Joly announced Defence Industry Assist (DI Assist), a CAD 244.2 million (~USD 178.6 million) funding and advisory initiative delivered through the National Research Council's Industrial Research Assistance Program (NRC IRAP). The programme funds high-potential Canadian SMEs developing made-in-Canada defence and dual-use technologies, with the stated aims of reducing barriers to market entry, connecting recipients to procurement pathways, and strengthening domestic supply-chain collaboration. It sits within Canada's broader Defence Industrial Strategy (CAD 6.6 billion over five years from 2025-26) and Canada's push toward its 2% NATO defence-spending target.
The Canada Border Services Agency (CBSA) initiated anti-dumping and countervailing (subsidy) investigations on 9 January 2026 into forged or stamped steel grinding media ("balls," nominal diameter 25mm–160mm, HS 7326.11.00.00) originating in or exported from China, following a complaint from the domestic industry. On 25 May 2026, CBSA issued preliminary determinations of dumping and subsidizing, triggering provisional SIMA duties on subject goods released on or after that date. Five Chinese exporters — Feifan Metalwork, Changshu Longte Grinding Ball, Jiangyin Xingcheng Magotteaux Steel Balls, Oriental Casting And Forging, and Tangshan ZWell Equipment Manufacturing — provided substantially complete responses and received individual margins; other exporters face a residual rate. The Canadian International Trade Tribunal (CITT) is running a parallel injury inquiry, with a final injury decision due 22 September 2026.
On 17 December 2025, the Business Development Bank of Canada (BDC), a federal Crown corporation, introduced a Defence Platform to deploy up to CAD 4 billion in financing, advisory services and investment solutions for Canadian companies in the defence and national-security sector. Of this, CAD 3.5 billion is financing and advisory support to help firms scale, diversify and enter defence supply chains, and CAD 500 million is investment capital deployed via the StrongNorth Fund, the Catalyst Innovation Fund, and targeted indirect investments in private funds aligned with Canada's defence and sovereignty priorities. The platform is anchored on a new CAD 1 billion capital injection into BDC announced in the 4 November 2025 federal budget.
On 16 December 2025, Public Services and Procurement Canada implemented the Buy Canadian Procurement Policy Framework, bringing into force (a) the Policy on Prioritizing Canadian Materials in Federal Procurement, which mandates use of Canadian steel, wood products and aluminum in federal defence and construction contracts valued at CAD 25 million or more that contain at least CAD 250,000 of those materials where Canadian supply exists, and (b) the Policy on Prioritizing Canadian Suppliers and Canadian Content in Strategic Federal Procurements, which applies a bid-price discount margin favouring Canadian suppliers in procurements tied to Canada's economic, industrial and innovation priorities. Complementary amendments to the Canadian International Trade Tribunal Procurement Inquiry Regulations, effective 15 December 2025, remove CITT jurisdiction to review procurement measures that restrict participation to, or favour, Canadian suppliers, goods, services, materials or subcontractors. The framework applies immediately to procurements of CAD 25 million and above and is scheduled to expand to contracts of CAD 5 million and above by spring 2026. Budget 2025 allocates roughly CAD 186 million over five years to implement the framework, including CAD 79.9 million for a new Small and Medium Business Procurement Program.
The Government of Ontario launched the Critical Minerals Processing Fund (CMPF), a CAD 500 million (~USD 364 million) provincial financial-support program to accelerate processing and refining capacity for critical minerals mined in the province, administered through Invest Ontario. The fund targets nickel, graphite, copper, cobalt and lithium, with a geographic emphasis on the Ring of Fire region northeast of Thunder Bay, and is intended to keep Ontario-mined minerals processed domestically rather than exported raw. It complements a separate CAD 3.1 billion package of loans, guarantees, grants and scholarships supporting Indigenous participation in the province's critical-minerals supply chain, and was first flagged in Ontario's 2025 Budget.
On December 9, 2025, the Canada Border Services Agency (CBSA) made final determinations of dumping (margin of 282.1% of export price) and subsidizing (77.0% of export price, or CNY 10,134.87 per metric tonne) with respect to thermal paper rolls originating in or exported from China, classified primarily under HS 4811.90.00.90. On January 8, 2026, the Canadian International Trade Tribunal (CITT) found that the dumped and subsidized imports caused injury to the domestic industry, making the antidumping and countervailing duties definitive. The CBSA received insufficient cooperation from the Chinese government and exporters/producers, so all Chinese exporters are subject to the combined "all others" rate.
The Government of Ontario's Invest Ontario Fund agreed to provide Marvell Technology with a grant of up to CAD 17 million to support the company's planned CAD 238 million, five-year expansion of its Ontario R&D workforce. The expansion is aimed at developing next-generation semiconductor solutions for AI data-centre infrastructure, including an 8,000-square-foot optical lab, and is expected to create up to 350 high-value technology jobs at a new office near the University of Toronto plus expanded operations in York Region and Ottawa. Support is subject to Invest Ontario and Marvell reaching a definitive funding agreement.
The Canadian federal government announced a Strategic Response Fund contribution of up to CAD 210 million (~USD 151 million) toward a CAD 662 million project to expand semiconductor advanced-packaging and R&D commercialisation capacity at IBM Canada's Bromont, Quebec facility and the MiQro Innovation Collaborative Centre (C2MI). The federal contribution covers roughly one-third of total project cost. Ministers Mélanie Joly (Industry) and Evan Solomon (AI and Digital Innovation) announced the investment on 2025-11-28, framing it around domestic supply-chain resilience for AI/HPC, aerospace and defence, telecommunications, and automotive end-markets. The project is projected to create 75 new highly-skilled jobs and sustain over 1,000 existing jobs in the Bromont region.
On 26 November 2025 Prime Minister Mark Carney announced a package of measures to protect Canada's steel and softwood lumber industries, effective 26 December 2025. For steel, Canada tightened the tariff-rate quota (TRQ) available to countries without a Canada free trade agreement from 50% to 20% of 2024 import levels, and cut the TRQ for FTA partners outside CUSMA (i.e. not the US/Mexico) from 100% to 75% of 2024 levels; imports above quota face a 50% surtax. A new 25% tariff on the full value of listed steel-derivative products (doors, windows, fasteners, structural components and related goods) applies to all countries, covering an estimated CAD 10 billion+ of derivative imports. For softwood lumber, Canada added CAD 500 million to the BDC Softwood Lumber Guarantee Program (bringing it to CAD 1.2 billion) and earmarked a further CAD 500 million under the Large Enterprise Tariff Loan facility for lumber-sector liquidity support.
The Government of Manitoba announced CAD 51 million in new provincial funding for Arctic Gateway Group — the First Nations- and Bayline community-owned operator of the Hudson Bay Railway and Port of Churchill — to fund capital improvements bringing the rail line up to Class I freight-load standard and to build a new critical-minerals storage and loading facility at the port. The announcement was made jointly with the federal government as part of the "Port of Churchill Plus" initiative, bringing cumulative provincial investment in the project to CAD 87.5 million and combined federal-provincial commitment to CAD 262.5 million over five years (including CAD 175 million in federal funding announced March 2025). The project is explicitly positioned as building sovereign Arctic export capacity for critical minerals and potash, reducing reliance on southern rail/port corridors and US-routed trade.
Canada made SOR/2025-228, Regulations Amending the Special Economic Measures (Russia) Regulations, registered 2025-11-06 and announced by Minister Anand on 2025-11-12. The regulations add 13 individuals to Part 1 of Schedule 1, 11 entities to Part 2 of Schedule 1, and 100 vessels (by IMO number) to Schedule 1.1, freezing their Canadian assets and prohibiting dealings. Targets include Russian LNG-trading entities, drone-programme developers, cyber-infrastructure suppliers for hybrid operations against Ukraine, and Kyrgyzstan-based financial enablers (including Capital Bank of Central Asia and the A7 payments platform) used to evade earlier Russia sanctions. The 100-vessel designation targets Russia's "shadow fleet" used to move crude oil, LNG and arms while evading the G7 price cap and flag-state controls.
Canada's Budget 2025 (released 4 November 2025) expands the Critical Mineral Exploration Tax Credit (CMETC) to cover 12 additional minerals: bismuth, cesium, chromium, fluorspar, germanium, indium, manganese, molybdenum, niobium, tantalum, tin, and tungsten. The 30% flow-through share enhanced rate (double the standard 15% Mineral Exploration Tax Credit) is maintained and applies to agreements entered after November 4, 2025 and before March 31, 2027. This is the first scope expansion since CMETC's creation in 2022, bringing the total eligible mineral count to approximately 27 and aligning the credit with Canada's 2024 Critical Minerals List update.
On 31 October 2025, Canada's Minister of Energy and Natural Resources Tim Hodgson announced — on the sidelines of the G7 Energy & Environment Ministers' Meeting in Toronto — that the federal government will leverage the Defence Production Act (DPA) to designate critical minerals as defence supplies and build a strategic stockpile, with the Crown acting as buyer of last resort and setting confidential minimum prices to insulate Canadian producers from Chinese price suppression. The announcement was paired with an initial round of 26 investments, partnerships and measures totalling C$6.4 billion in unlocked critical-mineral capital (~C$120m direct federal spend plus up to ~C$1.2 bn in offtake agreements, expressions of interest and export guarantees) and aligned with nine allied countries. It is the first time Canada has invoked DPA stockpiling and priority-procurement powers for non-traditional defence inputs (lithium, nickel, cobalt, copper, rare earths, graphite, uranium) and repositions Canada as an allied-aligned strategic supplier parallel to US DPA Title III action under EO 14241.
Natural Resources Canada's Minister of Energy and Natural Resources, Tim Hodgson, announced on 31 October 2025 conditional approval of up to CAD 14,062,500 (USD ~10.0M) in non-repayable federal funding for Focus Graphite Inc. under NRCan's Global Partnerships Initiative, part of the G7 Critical Minerals Action Plan's first tranche of 26 investments and partnerships. Focus Graphite executed the funding agreement on 8 December 2025. The grant covers approximately 73.6% of eligible project costs for a commercial-scale electrothermal fluidized-bed purification demonstration plant converting Quebec natural flake graphite (from the Lac Knife and Lac Tétépisca deposits) into ultra-high-purity battery-anode and advanced materials, with Focus Graphite contributing the remaining CAD 4.79M cash plus CAD 250K in-kind. Eligible expenditures run 14 October 2025 to 31 March 2028.
Natural Resources Canada's Minister of Energy and Natural Resources, Tim Hodgson, announced on 31 October 2025 conditional approval of up to CAD 36.3 million (USD ~25.8M) in Government of Canada funding for Ucore Rare Metals Inc.'s "Pathway to Samarium and Gadolinium Security" project, part of the first tranche of 26 investments and partnerships under the G7 Critical Minerals Action Plan. The package comprises up to CAD 26.3 million in non-repayable contributions from NRCan's Global Partnerships Initiative (GPI) and up to CAD 10 million from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). Funding will scale up a commercial-scale RapidSX(TM) separation facility in Kingston, Ontario, intended to be the first dedicated samarium and gadolinium oxide production plant in North America, supporting samarium-cobalt magnet production for defence and other applications. Funding remains subject to due diligence and a Contribution Agreement.
On 23 October 2025 Canada's Department of Finance and ISED jointly reduced the annual counter-tariff remission quotas granted to General Motors and Stellantis under the auto remission framework introduced 15 April 2025, which lets automakers import a set volume of US-built vehicles free of Canada's counter-tariffs provided they maintain agreed production and investment levels in Canada. GM's quota was cut 24.2% after it ended BrightDrop van production in Ingersoll, Ontario and scaled back Oshawa output; Stellantis' quota was cut 50% after it cancelled its planned Jeep Compass line at the Brampton assembly plant. Volumes imported above the reduced quota are subject to Canada's counter-tariffs on US-origin vehicles.
On 23 October 2025, Canada's federal Canada Growth Fund (CGF) and the Government of Ontario's Building Ontario Fund (BOF) announced an equity commitment agreement to finance the Darlington New Nuclear Project (DNNP) small modular reactor (SMR) build, led by Ontario Power Generation (OPG). CGF committed up to CAD 2 billion (USD 1.43bn) for a 15% minority stake and BOF committed up to CAD 1 billion (USD 713.5m) for a 7.5% minority stake, with OPG remaining majority owner and operator. The combined CAD 3 billion package funds construction of four grid-scale SMRs — the first commercial SMR deployment among G7 nations — targeting first-unit grid connection by end-2030.
The Government of Canada and the Province of Manitoba jointly launched the Climate and Economy Solutions Program (CESP), providing up to CAD 23 million (~USD 16.4 million) in grants for cost- and emissions-reducing energy projects in the province. The program is funded primarily through Canada's Low Carbon Economy Fund (Recapitalized Low Carbon Economy Leadership Fund), topped up with roughly CAD 4.5 million from the provincial government, and is administered by Manitoba Environment and Climate Change. Eligible grant recipients include municipalities, Northern Affairs communities, Indigenous communities, multi-unit residential building operators, and businesses/not-for-profits partnering with those entities, for stationary-equipment retrofit and efficiency projects, industrial/commercial vehicle retrofits, self-generated renewable energy and fuel-production projects, and EV-charger installations. The initial application window closed December 1, 2025.
The Government of Ontario provided a CAD 16.8 million (~USD 12 million) loan to Kap Paper Inc. to support continued operation of its Kapuskasing paper mill in northeastern Ontario, following weeks of provincially-led discussions between the province, the company, and the federal government. The mill had begun idling operations in September 2025 amid financial strain compounded by US Section 232 softwood lumber and derivative-products tariffs. The provincial loan was paired with a CAD 12 million federal contribution (FedNor/Northern Ontario Development Program and Regional Economic Growth through Innovation), bringing combined near-term support to roughly CAD 28.8 million, intended to protect around 300 direct mill jobs and 2,500 direct/indirect forestry positions in the region while Kap Paper develops a longer-term modernization and product-diversification plan.
On 26 June 2026 the Canadian International Trade Tribunal (CITT) issued a final injury finding in Inquiry NQ-2025-008, determining that dumped and subsidized imports of thermoformed molded fibre tableware from China have caused material injury to the Canadian domestic industry. Final anti-dumping duties ranging from 81.7% to 332.4% of export price, plus countervailing (subsidy) duties ranging from 0.5% to 18.9%, are now collected by the Canada Border Services Agency (CBSA) on goods released on or after 26 June 2026. The case originated from a complaint by CKF Inc. (Hantsport, Nova Scotia).
On 15 October 2025 the Business Development Bank of Canada (BDC) launched a CAD 700 million loan guarantee program to help softwood sawmills, lumbermills and remanufacturers access new term loans and letters of credit through their existing financial institutions. The guarantees are aimed at easing the collateral and duty-payment strain created by US tariff and countervailing/antidumping exposure, effective immediately from announcement. The program was later topped up by a further CAD 500 million on 26 November 2025 (filed separately), bringing total guarantee capacity to roughly CAD 1.2 billion.
On 1 October 2025, Canada Growth Fund Inc. (CGF), a CAD 15 billion federal Crown corporation, committed CAD 30 million as part of a growth investment in Cascadia Windows & Doors, a British Columbia-based manufacturer of high-performance fiberglass windows and doors, led by private-equity firm MKB Equity Partners with additional participation from Blue Earth Capital. Per CGF's own FY2025 annual report, the commitment totals CAD 31 million including CAD 1 million in partnership fees and expenses, of which CAD 19.1 million was deployed during Fiscal 2025. CGF states the capital will fund expansion of Cascadia's manufacturing capacity and North American market footprint, accelerating deployment of fiberglass window systems that support buildings-sector decarbonization (Cascadia's products claim up to 250% improved thermal performance versus aluminum frames and ~58% recycled content).
On 2025-09-29 the Government of Canada and the Province of Ontario announced binding term sheets to provide Algoma Steel Inc. with C$500 million in liquidity support: C$400 million (including an C$80 million secured tranche) in loan facilities from the federal government via the Large Enterprise Tariff Loan (LETL) facility, administered by the Canada Enterprise Emergency Funding Corporation, and C$100 million (including a C$20 million secured tranche) from the Province of Ontario. The package is explicitly framed as protection for Canadian steel jobs against the impact of US Section 232 steel tariffs, intended to help Algoma sustain operations and continue its transition toward electric-arc-furnace steelmaking while reducing US-market dependence. The financing transaction closed on 2025-11-17.
The Canada Infrastructure Bank reached financial close on a CAD 660 million (approx. USD 473 million) loan to Irving Pulp & Paper to support "Project NextGen," a CAD 1.5 billion modernization of the company's Kraft pulp mill in west Saint John, New Brunswick — the largest investment in the Canadian forest products industry since 1993. The financing replaces 1970s-era recovery-boiler and steam-turbine technology, adds up to 145 MW of renewable generation capacity (50 MW for mill use, the remainder exported to the provincial grid), and is projected to cut emissions per tonne of Kraft pulp by 50% while eliminating heavy-fuel-oil combustion.
On 15 September 2025, the Government of Ontario announced a CAD 18 million (USD 12.97m) grant to McMaster University to expand medical isotope production at the McMaster Nuclear Reactor in Hamilton. The funding moves the reactor to 24/7 operation, adds 16 jobs, and is projected to raise custom-isotope output from roughly 70,000 to up to 84,000 patient treatments annually (Holmium-166 for liver cancer, Iodine-125 for prostate-cancer and ocular/brain tumour therapy). The investment follows Ontario's July 2025 launch of the Nuclear Isotope Innovation Council of Ontario (NIICO), which aims to double provincial isotope output within four years.
The Government of Canada announced CAD 16.5 million in cumulative federal funding (CAD 13.5 million newly announced, on top of an earlier CAD 3 million tranche) for the Kluane N'tsi (Lhù'ààn Mân N'tsi) Wind Energy Project, an Indigenous-owned 900-kW wind turbine with battery storage integrated into the diesel grid serving Burwash Landing and Destruction Bay, Yukon. Funding is drawn from three federal programs — Natural Resources Canada's Clean Energy for Rural and Remote Communities program (~CAD 13 million), Housing, Infrastructure and Communities Canada's Arctic Energy Fund (CAD 2 million), and Crown-Indigenous Relations and Northern Affairs Canada's Northern REACHE program (CAD 1.5 million) — with the Government of Yukon contributing a further ~CAD 2 million. The project allows the Kluane First Nation to operate the community diesel grid in "diesel-off" mode when wind generation is sufficient, the first grid-scale project in Canada to do so, cutting diesel use by roughly 300,000 litres per year.
Invest Ontario, the Government of Ontario's investment-attraction agency, signed a non-binding term sheet to provide up to CAD 17.5 million (~USD 12.7 million) in state loan support to Electra Battery Materials Corporation toward its ~CAD 100 million project to build what the company describes as North America's first cobalt sulfate refinery, at Temiskaming Shores, Ontario. The funding is explicitly conditional on the parties reaching a definitive agreement and is intended to reduce reliance on foreign-controlled (principally Chinese) cobalt-refining capacity for EV and energy-storage battery supply chains.
The Canada Infrastructure Bank reached financial close on a CAD 100 million (approx. USD 72 million) loan to Cando Rail & Terminals to fund a new Sturgeon West Terminal, doubling rail-car storage and staging capacity at its existing Sturgeon Terminal hub in Alberta's Industrial Heartland. The expansion adds up to 3,700 new railcar storage/staging spaces, including 1,100 spaces for unit trains with Class 1 railways, and is intended to strengthen trade corridors to the ports of Prince Rupert and Vancouver. CIB projects up to 50 new full-time jobs and CAD 22.3 million in annual regional GDP contribution once operations begin in late 2026.
On 20 August 2025 the Business Development Bank of Canada (BDC), a federal Crown corporation, launched the Industrial Innovation Venture Fund II (I²VF II) with a CAD 200 million (USD 144.4 million) commitment to back early-stage, high-growth companies developing productivity technologies for advanced manufacturing, mining and extractive industries, and agriculture/food. The fund expands on Fund I (2019, 20+ portfolio companies) with a widened focus on critical minerals alongside robotics, automation, applied AI and industrial software. BDC frames the fund as a response to Canada's productivity gap, which EVP Geneviève Bouthillier described as "especially acute in sectors like manufacturing, mining, and agriculture."
On 2025-08-13 the Government of Ontario launched the Protect Ontario Financing Program, offering term loans of C$250,000 to C$40 million per business, with repayment terms of up to six years, to Ontario-based companies in the steel, aluminum, copper and automotive sectors facing working-capital strain from US Section 232 tariffs. The program is the first phase of the province's broader C$5 billion "Protecting Ontario Account" and is administered by the Ministry of Economic Development, Job Creation and Trade. Eligible firms must show at least C$2 million in annual revenue, 10+ full-time Ontario employees, three years of operations, and must have exhausted or faced significant barriers accessing comparable federal support.
On 30 July 2025 the Governor in Council amended the Order Imposing a Surtax on the Importation of Certain Steel Goods (SOR/2025-148, effective 27 June 2025), via SOR/2025-155, effective 1 August 2025. The amendment raises the tariff-rate quota (TRQ) available to countries with a Canadian free trade agreement (excluding CUSMA partners US/Mexico) from a lower prior allocation to 100% of 2024 import volumes, while holding the quota for non-FTA-partner countries at 50% of 2024 volumes; imports exceeding either threshold face a 50% surtax. The amendment also expands the list of covered steel product categories from 5 broad groupings to 23 specialized subcategories (ingots, billets, hot- and cold-rolled sheet, rebar, wire rod, structural steel, and multiple pipe types). Ottawa framed the changes as addressing the risk of steel produced in third countries being diverted into the Canadian market as a result of US Section 232 tariffs and non-market foreign production overcapacity.
On 29 July 2025, the Government of British Columbia signed a CAD 200 (USD 144.9) million contribution agreement with Haisla Nation to fund the electrification infrastructure needed to run the Cedar LNG export terminal near Kitimat on clean B.C. grid power rather than on-site natural gas. The funding covers a new 287-kilovolt transmission line, a new substation, new distribution lines, and nearshore electrification, and adds to CAD 200 million in federal support for the facility announced earlier in 2025. Cedar LNG is a floating LNG terminal jointly owned by Haisla Nation and Pembina Pipeline Corporation, scheduled to begin operations in late 2028.
On 14 July 2025, Public Services and Procurement Canada implemented the Interim Policy on Reciprocal Procurement, covering all new non-defence federal procurements valued at CAD 10,000 or above. Suppliers from countries that have no government- procurement trade obligations with Canada lose access to the federal procurement market; suppliers from countries with a relevant trade agreement retain access only to the extent their agreement provides. Procurements where at least 51% of estimated value is Defence Goods or Defence Services are excluded. Existing Supply Arrangements are grandfathered until their next renewal, with a hard deadline of 14 July 2026 for all such arrangements to comply. The policy was announced as a response to trading partners — chiefly the United States — that do not offer Canadian suppliers reciprocal access to their own procurement markets.
On 6 February 2026 the Canadian International Trade Tribunal (CITT) found that dumped and subsidized imports of cast iron soil pipe from China have caused material injury to the Canadian domestic industry, triggering collection of definitive duties by the Canada Border Services Agency (CBSA). Final anti-dumping duties range from 155.5% to 444.2% of export price by exporter (444.2% for all other exporters), and a flat countervailing (subsidy) duty of 28.5% of export price (equivalent to CNY 1,550.44 per metric tonne) applies to all Chinese exporters. CBSA had initiated the dumping and subsidizing investigation on 11 July 2025 following a complaint from Canada Pipe Company ULC, d.b.a. Bibby-Ste-Croix (Sainte-Croix, Québec), and imposed provisional duties from 9 October 2025 pending the final determination and injury finding.
Canada announced on 29 June 2025 that it would rescind the Digital Services Tax Act (originally enacted 20 June 2024) to revive US-Canada trade negotiations after President Trump suspended talks on 27 June, citing the 3% DST on large digital-services revenues as a discriminatory measure against US technology firms. The Canada Revenue Agency halted collection effective 30 June 2025, and legislation to retroactively repeal the Act back to its June 2024 enactment date is to follow, with refunds — plus interest at the standard corporate tax refund rate — to be paid to affected taxpayers including US technology majors.
The Canada Infrastructure Bank, a federal Crown corporation, committed a CAD 1 billion (approx. USD 734.9 million) below-market-rate credit facility to BC Ferries, split into a CAD 690 million tranche for four new hybrid "Major Vessels" and a CAD 310 million tranche for terminal electrification infrastructure. The financing replaces vessels between 48 and 61 years old and is projected to save BC Ferries roughly CAD 650 million in interest costs over the loan term versus private-market financing. The vessel-construction contract was separately awarded to China Merchants Industry Weihai Shipyards (CMI Weihai), a Chinese state-owned shipbuilder, making this a case of Canadian federal concessional financing underwriting offshore (Chinese) vessel procurement rather than domestic shipbuilding capacity.
The Canada Infrastructure Bank committed a CAD 50 million (approx. USD 36.5 million) loan to Creative Energy, an operator of district energy systems, to finance deep-decarbonization building-retrofit projects in British Columbia and Ontario. The financing is part of CIB's Building Retrofits Initiative, under which the Bank has committed more than CAD 1.2 billion to sustainable building upgrades. The flagship project under the loan retrofits 12 buildings at Thompson Rivers University in Kamloops, BC, switching from natural-gas heating to a centralized air-source/water-source heat-pump district system projected to cut heating-related emissions at the campus by 95%.
On 25 June 2025 the Government of Ontario announced the CAD 15 million (~USD 11 million) Ontario Shipbuilding Grant Program (OSGP), part of a wider CAD 215 million package to support the province's shipbuilding and marine sector. OSGP offers non-repayable grants covering up to 50% of eligible project costs for skills training, infrastructure improvements, and machinery/equipment purchases at Ontario shipyards. The stated purpose is to expand provincial shipbuilding capacity in support of Canada's National Shipbuilding Strategy and to bolster Ontario manufacturers facing US tariffs and economic uncertainty; applications opened in late July 2025 via Transfer Payment Ontario, with a first intake running July-September 2025.
The Canada Infrastructure Bank, a federal Crown corporation, reached financial close on a CAD 55 million enabling-infrastructure loan to Torngat Metals Ltd., its first investment in the critical minerals sector. The loan funds early-stage work — utility connections, airstrip rehabilitation, and infrastructure upgrades — ahead of construction of an open-pit mine and concentration plant at the Strange Lake rare earth deposit (Nunavik, Quebec) and a separation plant in Sept-Îles. The financing is paired with a separate CAD 110 million bridge facility from Export Development Canada, bringing combined federal support to CAD 165 million, and is framed by CIB as advancing the Canadian Critical Minerals Strategy.
Emissions Reduction Alberta (ERA), a provincial Crown corporation funded through Alberta's Technology Innovation and Emissions Reduction (TIER) carbon-levy system, launched the Tailings Technology Challenge on 2025-06-17 with up to CAD 50 million in funding. The program covers up to 50% of eligible project costs, with individual project awards ranging from CAD 1 million to CAD 15 million, for pilot, demonstration and first-of-kind commercial projects that treat, reduce, reuse or reclaim oil sands mine water and tailings. Global Trade Alert logs the program as a trade-distorting financial grant given its effect on the relative cost competitiveness of Alberta oil sands operators versus other producing jurisdictions.