The Ontario government is supporting companies and workers impacted by U.S. tariffs by investing $16.5 million through the Ontario Together Trade Fund (OTTF), a strategic initiative dedicated to helping Ontario businesses grow, adapt and remain competitive in the face of U.S. tariffs. The OTTF will provide targeted support to businesses impacted by trade disruptions to enhance resilience, reshore critical supply chains and diversify market reach.
The first round of funding under the OTTF program has been allocated to eight recipient companies, whose projects amount to over $120 million in investments that will create over 300 new, good-paying jobs and protect nearly 1,200 more across the province.
The funding recipients include:
- Aisin Canada Inc., who are receiving $2,200,000 to support their $11.1 million investment to launch panoramic sunroof production for the Lexus NX program at their newly expanded facility in Stratford. The project includes reshoring production from Japan, which will help Aisin diversify its product offerings and mitigate revenue losses caused by U.S. tariffs. Aisin is the first manufacturer outside Japan to be awarded the Lexus NX panoramic sunroof production contract. This investment will create 30 new jobs and protect 530 existing positions.
- ArcelorMittal Tailored Blanks, who are receiving $4,181,774 to support their $69.6 million investment to construct a new 155,000 sq. ft. greenfield blanking facility in Ingersoll and install advanced production lines. The project includes reshoring operations currently outsourced to the U.S., helping the company reduce tariff exposure and eliminate approximately $22 million in annual outsourcing costs. This investment will enable the company to expand into new sectors and provinces, while creating 28 new jobs and protecting 145 existing positions.
- Burnco Manufacturing Inc., who are receiving $2,500,000 to support their nearly $8.1 million investment to increase production capacity and efficiency at their facilities in Vaughan. The project includes the integration of advanced automation technologies, such as automated fitting assembly fixtures, to streamline the fabrication of heavy steel structures and bridge girders. This investment will create 75 new jobs and protect 215 existing positions.
- Cargowall Ltd., who are receiving $529,358 to support their nearly $5.3 million investment to install two automated roll forming lines at their Bowmanville facility to produce struts and guardrails. The project will diversify the company’s product offerings beyond the transportation trailer market into commercial construction and highway infrastructure. This investment will create 14 new jobs and protect 29 existing positions.
- Heali Medical Corp., who are receiving $1,710,000 to support their $5.7 million investment to reduce tariff exposure by reshoring production from China and expanding into new international markets, including Europe, the UK, Asia and Australia. Through the integration of artificial intelligence technologies, the project will also strengthen Heali’s trade competitiveness. This investment will create 12 new jobs and protect five existing positions.
- Letar Inc., who are receiving $800,925 to support their $2.8 million investment to establish a chemical processing facility at its Vaughan location. The project will enable Letar to become a fully integrated aerospace supplier by introducing advanced treatments such as anodizing, chemical conversion coating, passivation and non-destructive testing. This investment will create nine new jobs and protect 32 existing positions.
- Mara Technologies, who are receiving $2,226,371 to support their nearly $12.6 million investment to expand production capacity and add new capabilities at its Markham facility. The project will enhance Mara’s competitiveness in high-precision electronic assembly, reduce reliance on volatile U.S. trade relations and support growth in export markets. This investment will create 95 new jobs and protect 191 existing positions.
- Modern Elevator Innovations Inc., who are receiving $2,334,900 to support their nearly $7.8 million investment to expand its Burlington facility and install automation equipment to boost production and shift toward domestic markets. The project will reduce tariff exposure, strengthen supply chain resilience and improve competitiveness in both Canadian and U.S. markets. This investment will create over 40 new jobs and protect 35 existing positions.