Support for businesses facing customs tariffs
In light of the economic instability caused by the threat of tariffs imposed by the United States on Canadian products, PME MTL is offering personalized support to Montréal businesses and the opportunity to work with its partners to provide solutions adapted to your specific context.
As announced by Ville de Montréal in April 2025, measures aimed at reinforcing the resilience of SMEs have been introduced, most notably in terms of helping to diversify markets and providing support for innovation.
The PME MTL fund, which features flexible eligibility criteria, provides those businesses that have experienced the worst impact with access to financial resources. At the same time, a six-month moratorium on repaying capital and interest has been implemented for businesses in the portfolio that have been affected by these measures. A one-time extension of repayment periods up to 84 months may also be available.
Do not allow tariffs to affect the growth of your business – act now! To find out how we can help you, contact your service hub or consult our other available programs and resources.
Financing
- PME MTL: Loans of up to $400,000
- Québec Government: Financial measures to promote the maintenance of activities
- Investissement Québec: Funds to promote productivity and market diversification
- CanExport PME: Up to $50,000 to cover 50% of the cost for exporting products or services to countries with low or non-existent sales. Available until May 31, 2025
- CanExport Innovation: Financing for R&D agreements with foreign partners, Fund opens on June 1, 2025
- CDPQ: Support for projects aimed at increasing productivity or executing a strategic pivot toward new markets
- BDC: Pivot loan
Diversification of markets and exports
- ORPEX: Diagnosis, workshops, commercial missions, commercial acceleration program
- GoExport: Market validation, business strategy, implementation
- Panorama: Flexible financing and support for market diversification
- CDPQ program: Measures aimed at increasing productivity or executing a strategic pivot toward new markets
Local suppliers and the circular economy
- PME MTL: Support in the search for local suppliers
- Synergie Montréal: Circular economy solutions, opportunities related to waste materials
- Excellence industrielle Saint-Laurent: Support for supply chain optimization
Tax and customs relief
- Remission of import duties: Application process for remission of import duties applicable to certain goods coming from the United States
- Duty deferral programs: Duty exemptions, drawbacks, customs bonded warehouses
Additional resources
- Aéro Montréal: Platform containing essential resources for member businesses
- Retail Council of Canada: Platform to keep Canadian retailers informed of situational changes
- Business Development Bank of Canada: List of resources to help Canadian importers and exporters