Announcement Overview

We are now accepting applications for our new Ontario Together Trade Fund (OTTF).

Ontario businesses can access up to $5 million to make near-term investments to serve more interprovincial customers and re-shore critical supply chains in the face of U.S. tariffs.

With a focus on small and medium enterprises (SMEs), the $50 million program will help businesses build local capacity, enhance trade resiliency, and make the necessary investments to successfully expand into new markets.

Projects must address the impacts of U.S. trade disruptions and align with Ontario’s key economic priorities, including:

Trade Diversity:

  • Diversifying sales portfolios: Expanding market reach to new markets, with a focus on interprovincial trade.

Trade Security:

  • Enhancing competitiveness: Increasing manufacturing capacity and capabilities and increasing profitability through investments in advanced technology and innovative processes.
  • Contributing to regional and sectoral ecosystems: Strengthening Ontario’s supply chains through reshoring and efforts to procure more equipment and supplies from Ontario and Canada.
  • Creating and or retaining jobs

 

The ministry will also be hosting a webinar on Thursday May 22nd to inform potential applicants about the program. The link to the webinar is https://events.teams.microsoft.com.

Please register if you plan to attend.

To register for the webinar and get more details about the program, including eligibility and application guidelines, click here.

Additional Resources

If you have additional inquiries, please reach out to the team at the Ministry of Economic Development, Job Creation and Trade at ottf@ontario.ca.

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