CONFIRMED — NEW FUNDING ANNOUNCEMENT
Date: August 31, 2026
Program: Regional Tariff Response Initiative — FedDev Ontario
Funding announced: More than $12.5 million
Recipients: Nine Hamilton-area manufacturers/businesses
FedDev Ontario announced more than $12.5 million in repayable RTRI investments to nine Hamilton-area companies responding to tariff pressures. The projects are particularly relevant to the sectors Picturethis3D is tracking because the government is funding advanced manufacturing technologies, digital improvements, automation, equipment modernization, productivity improvements, reshoring and export-market diversification.
Examples include Canadian Metal Buildings, which is receiving $750,000 toward a $3.39-million project involving advanced manufacturing technology and digital improvements; Superior Radiant Products, receiving $1 million toward a $3.29-million project involving advanced technologies and export diversification; and several manufacturers receiving support for new production capability, automation and reshoring.
This announcement also reconfirms the September 2026 expansion of RTRI: an additional $1.5 billion nationally, an increase in the non-repayable contribution ceiling from $1 million to $3 million, and forthcoming liquidity support of up to $2 million. FedDev Ontario says detailed rules for that expanded liquidity support will be released shortly.
OFFICIAL SOURCE: Government of Canada — FedDev Ontario announcement
