Large Enterprise Tariff Loan (LETL)

• Minimum loan amount: $60 million.

• 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.

• 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.