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Large Enterprise Tariff Loan (LETL)
Financing support for large Canadian enterprises facing tariff impacts
Last Update: March 4, 2026
Funding available
$ 60,000,000
Timeline
- Open continuously
Location
Canada
Overview
The Large Enterprise Tariff Loan (LETL) provides financing of $60 million or more to large Canadian businesses with significant operations or workforces in Canada facing tariff-related liquidity shortfalls. This program aims to support viable enterprises by covering a twelve-month liquidity gap after all other capital sources have been exhausted.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Attract or retain talent
Eligible Funding
- Minimum amount : 60,000,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- $ 300,000,000 minimum revenue
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Securing short-term liquidity to address financial shortfalls caused by imposed or potential tariffs and countermeasures.
Eligibility
Who is eligible?
- Large Canadian companies with operations or a significant workforce in Canada.
Who is not eligible
- Businesses that have filed for relief or protection under the Companies’ Creditors Agreement Act (Canada), or any similar legislation in any jurisdiction.
- Companies that are insolvent or seeking to resolve insolvency.
Eligible geographic areas
- Companies with significant operations or a significant workforce in Canada.
Additional information
- The LETL facility is managed by the Canada Development Investment Corporation through the Canada Enterprise Emergency Funding Corporation.
- The facility was specifically announced on March 21, 2025, as a response to tariff impacts.
- Applicants must complete and submit only the official Enquiry form; no other attachments are accepted at the initial application stage.
- Incomplete Enquiry forms will not be processed by CEEFC.
Contacts
Frequently Asked Questions about the Large Enterprise Tariff Loan (LETL) Program
Here are answers to the most common questions about the Large Enterprise Tariff Loan (LETL). This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Large Enterprise Tariff Loan (LETL)?
The Large Enterprise Tariff Loan (LETL) provides financing of $60 million or more to large Canadian businesses with significant operations or workforces in Canada facing tariff-related liquidity shortfalls. This program aims to support viable enterprises by covering a twelve-month liquidity gap after all other capital sources have been exhausted.
Who is eligible for the Large Enterprise Tariff Loan (LETL) program?
To be eligible for the Large Enterprise Tariff Loan (LETL) program, you must:
Large Canadian enterprise with significant operations or workforce in Canada
Annual Canadian revenue of approximately $300 million or more
Require a minimum loan size of $60 million
What expenses are eligible under Large Enterprise Tariff Loan (LETL)?
Securing short-term liquidity to address financial shortfalls caused by imposed or potential tariffs and countermeasures.
Who can I contact for more information about the Large Enterprise Tariff Loan (LETL)?
You can contact Canada Development Investment Corporation (CDEV) by email at info@ceefc-cfuec.ca.
Where is the Large Enterprise Tariff Loan (LETL) available?
The Large Enterprise Tariff Loan (LETL) program is available across Canada.
Is the Large Enterprise Tariff Loan (LETL) a grant, loan, or tax credit?
Large Enterprise Tariff Loan (LETL) is a Loans and Capital investments
Who are the financial supporters of the Large Enterprise Tariff Loan (LETL)?
Large Enterprise Tariff Loan (LETL) is funded by Canada Development Investment Corporation (CDEV)