Open
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 $30 million or more to large Canadian businesses facing tariff-related liquidity shortfalls. This program aims to support viable enterprises by covering a 36-month liquidity gap after all other capital sources have been exhausted.
/100
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.
Documents Needed
- Completed Enquiry Form
Eligibility
Who is eligible?
- Large for-profit enterprises in all sectors.
Who is not eligible
- Businesses that have filed for relief or protection under the Companies’ Creditor Arrangement Act (Canada), or any similar legislation in any jurisdiction.
- Companies that are insolvent or seeking to resolve insolvency.
- Companies found guilty of tax evasion.
- Certain public institutions and entities with significant political office-holder ownership.
- Entities that promote violence, hatred, or discrimination.
Ineligible Costs and Activities
- Businesses already in insolvency proceedings or seeking creditor protection.
- Companies found guilty of tax evasion.
- Certain public institutions and entities with significant political office-holder ownership.
- Entities that promote violence, hatred, or discrimination.
Eligible geographic areas
- Companies with significant operations or a significant workforce in Canada.
Processing and Agreement
- CEEFC reviews the enquiry form and assesses eligibility.
- Qualified applicants receive a request for additional information.
- Additional conditions must be met before the initial advance of funds.
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
What is the Large Enterprise Tariff Loan (LETL)?
The Large Enterprise Tariff Loan (LETL) provides financing of $30 million or more to large Canadian businesses facing tariff-related liquidity shortfalls. This program aims to support viable enterprises by covering a 36-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 $150 million or more
Require a minimum loan size of $30 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)