How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

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)

What are Large Enterprise Tariff Loan (LETL)'s eligibility criterias?

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

Large Enterprise Tariff Loan (LETL)

Last Update: July 3, 2025

Canada

Financing support for large Canadian enterprises facing tariff impacts

Large Enterprise Tariff Loan (LETL) at a glance

Eligible Funding

Min. $60,000,000

Timeline

Continuous Intakes

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

Canada Development Investment Corporation (CDEV)

Status

Open

Overview of the Large Enterprise Tariff Loan (LETL) program

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.

Financing terms and conditions

Minimum loan amount: $60 million.

Eligible projects & activities

Securing short-term liquidity to address financial shortfalls caused by imposed or potential tariffs and countermeasures.

Eligibility criteria of the Large Enterprise Tariff Loan (LETL) program

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 to the Large Enterprise Tariff Loan (LETL) program

Assess your eligibility

Review the LETL factsheet to assess your eligibility
Ensure your business meets all criteria before proceeding

Fill in the Enquiry form

Download and complete the LETL Enquiry form
Provide accurate and complete information as requested

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

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.