(NORTH BAY, ON) Pauline Rochefort, Parliamentary Secretary to the Secretary of State (Rural Development), and Member of Parliament for Nipissing-Timiskaming, announced a Government of Canada investment of $2,229,327 from the Regional Tariff Response Initiative to help five North Bay and area businesses respond to global trade pressures and build for the future.
“This $2.2 million investment will help five prominent local businesses respond to global trade pressures, modernize their operations and continue to be more competitive. In addition to strengthening Northern Ontario’s manufacturing resilience, this funding will help ensure key industries can continue to thrive and grow collectively.” said MP Rochefort who made the announcement on behalf of the Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for FedNor.
Provided through FedNor and the Government of Canada’s Regional Tariff Response Initiative (RTRI), these investments will help bring several important projects to life. Specifically, the funding will help Premier Mining Products Inc. and Pilot Diamond Ltd boost productivity, diversify, expand into new markets, strengthen supply chains, and grow domestic trade so they can stay competitive and resilient in a shifting global landscape.
In addition, the FedNor funding will help Miller Technology Inc. Mincon Canada and Old Forge Manufacturing to modernize their operations, maximize efficiencies and becoming more competitive to counter rising costs driven by global tariffs and trade instability.
For a complete funding breakdown and project details, please see the associated backgrounder.
Quotes
“Northern Ontario businesses are ready to lead, and they need the right tools to stay ahead as the economy rapidly shifts. The Regional Tariff Response Initiative is about unlocking that potential. It's about helping local companies scale up, reach new markets, and build stronger supply chains. When we invest in Northern Ontario, we’re investing in Canada’s future – one resilient business, one good job, and one thriving community at a time.”
- The Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for FedNor, and Member of Parliament for Thunder Bay—Superior North
“It’s great to see FedNor stepping up to help businesses like ours overcome the challenges we’re facing due to tariffs and trade uncertainty. Modernizing and expanding our operations means we can protect and expand our market share and become more self-sufficient and competitive, while reducing tariff exposure and strengthening Canadian supply chains.”
- Joe Guido, President, Premier Mining Products Inc.
Quick facts
- The Regional Tariff Response Initiative (RTRI) is a national initiative that will enable businesses to offset the impacts of tariffs and adapt to longer-term trade volatility by opening doors to new markets, boosting productivity, reducing costs, and strengthening domestic supply chains.
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- Delivered through Canada’s regional development agencies, the RTRI is part of a broad set of tariff support measures, including the Large Enterprise Tariff Loan Facility, the Business Development Bank of Canada’s Pivot to Grow initiative, and support for trade-exposed sectors through the Strategic Response Fund.
- The RTRI will enable businesses to open doors to new markets, boost productivity, and strengthen domestic supply chains. Visit FedNor’s website to learn more.
- The Government of Canada has a comprehensive plan to fight back against U.S. tariffs, while supporting Canada's interests, industries, and workers.
Associated links
To find out more about our programs and services, please visit: fednor.canada.ca
- Follow us on X (Twitter): @FedNor
- Follow us on LinkedIn: https://ca.linkedin.com/company/fednor
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Contacts
Jennifer Kozelj
Senior Communications Advisor and Press Secretary
Office of the Minister of Jobs and Families and Minister responsible for FedNor
[email protected]
Federal Economic Development Agency for Northern Ontario
Media Relations