Province Launching Protect Ontario Financing Program to Support Sectors

August 14, 2025

The government has launched the Protect Ontario Financing Program, the first phase of the $5 billion Protecting Ontario Account that was announced in the 2025 Ontario Budget.

The Protect Ontario Financing Program will provide Ontario-based businesses that have been impacted by higher (Section 232) tariff rates, including the steel, aluminum and auto sectors, with up to $1 billion in liquidity support in the form of loans to protect workers and operations.

News Releases:

En: Financing Program

Fr: Programme de financement