Ottawa giving combined $11.6M to 8 Saskatoon companies for tariff relief
The Canadian federal government is providing $11.6 million in funding to eight Saskatoon-based companies to help mitigate the impact of U.S. trade tariffs. This initiative, managed through the Regional Tariff Response Initiative, aims to protect local jobs and support industrial expansion.
Why it matters
Government intervention in trade disputes highlights the economic strain on regional manufacturing sectors caused by shifting international trade policies.
Buckley Belanger, secretary of state for rural development, made the announcement Tuesday at RMD Engineering, one of the businesses receiving the money.
The money comes in response to the breakdown of Canada-U.S. trade negotiations and the ensuing tariffs. Belanger said Canada wasn’t being offered a deal worth taking.
"Canadian jobs and Canadian sovereignty are not things that we are prepared to bargain away," Belanger said at the announcement.
The federal dollars come through the Regional Tariff Response Initiative, a PrairiesCan program.
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Doepker Industries will get $1.7 million to install equipment to expand its trailer lineup, and another $1 million for a new enterprise resource planning system.
Drake Meat Processors is receiving $3.2 million across two projects — $2.2 million to expand and automate a sausage and beef line, and $1 million for a cured pork automation line.
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