Regional Tariff Response Initiative investments will enable Alberta businesses to adapt to tariff related challenges and expand into allied markets
Alberta's economy is powered by exports, and businesses across the province-like those throughout Canada-are facing heightened uncertainty as tariffs and evolving global trade conditions affect costs, customer bases, and supply chains. To remain competitive and build long‑term resilience, they must adapt. That is why the Government of Canada is taking action through the Regional Tariff Response Initiative (RTRI), supporting businesses as they diversify markets and strengthen their operations amid ongoing trade uncertainty.
Today, the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan), announced a federal investment of more than $8.4 million through the RTRI to support seven projects in the greater Edmonton area.
These investments will help small- and medium-sized businesses expand operations, build resilience, and strengthen their capacity to navigate in a more competitive global market.
Funding announced today will support more than 150 jobs in Alberta while advancing innovation and manufacturing efficiency across a range of sectors, including homebuilding, cooling products, and steel parts manufacturing. These investments will help businesses integrate automation into production lines, adopt artificial intelligence tools to improve productivity, hire more staff to increase production capacity, and expand sales of Alberta-made products in new international markets. A full list of projects receiving PrairiesCan investment can be found in the associated backgrounder.
Through targeted investments like these, the Government of Canada is helping Alberta businesses adapt, grow, and lead-creating good jobs and building a stronger, more resilient, and more competitive Canadian economy.
