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Large Enterprise Tariff Loan (LETL)
Last Update: March 4, 2026
Canada
Financing support for large Canadian enterprises facing tariff impacts
Loans and Capital investments
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.
At a glance
Funding available
Financing goals
- Improve employee retention
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
Activities funded
- Securing short-term liquidity to address financial shortfalls caused by imposed or potential tariffs and countermeasures.
Eligibility
- The applicant must be a large Canadian company with significant operations or a significant workforce in Canada.
- The company must have approximately $300 million or more in annual Canadian revenue.
- The business must require a minimum loan size of $60 million.
- The company must face a twelve-month liquidity shortfall related to new tariffs or countermeasures, after exhausting all other sources of capital.
- The business must have been viable prior to the imposition of tariffs and countermeasures.
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.
How to apply
1
Assess your eligibility
- Review the LETL factsheet to assess your eligibility
- Ensure your business meets all criteria before proceeding
2
Fill in the Enquiry form
- Download and complete the LETL Enquiry form
- Provide accurate and complete information as requested
3
Submit the Enquiry form
- Email your completed Enquiry form to info@ceefc-cfuec.ca
- Do not attach any documents other than the Enquiry form
- Ensure the form is complete to avoid processing delays
4
Await CEEFC contact
- CEEFC will review your Enquiry form to determine eligibility
- If you qualify, you will be contacted for additional information
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
info@ceefc-cfuec.ca
