Large Enterprise Tariff Loan (LETL) facility
Government of Canada, Canada Development Investment Corporation
Overview
Get support in the form of short-term financing to cover a twelve-month liquidity shortfall if your large company is affected by new tariffs and countermeasures and faces challenges accessing traditional sources of market financing.
At a glance
| Categories | grant |
|---|---|
| Funding | $60,000,000 |
| Status | Accepting applications |
| Region | ALL |
| Sectors | research |
Eligibility and requirements
You Have an impact on Canada’s economy as a result of: Significant operations in Canada A significant workforce in Canada. Have approximately $150 million, or more, in annual Canadian revenue Require a minimum loan size of $30 million Must commit to minimizing loss of employment, sustaining your domestic business activities and must demonstrate that funding under the LETL facility forms part of your overall transition plan to return to financial stability
How it works
The loan size for each applicant will be assessed on a case-by-case basis based on demonstrated need, the reasonableness of management’s business plan assumptions and the ability to repay.
How Mona Studio helps business owners use this program
Large Enterprise Tariff Loan (LETL) facility is one of many Canadian funding options listed in our grant finder. Mona Studio helps research teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.
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