On November 20, 2025, LEDC, in partnership with Fed Dev Ontario and the London Regional Manufacturing Council (LRMC) brought together 45 local business leaders, entrepreneurs, and community partners for a virtual information session on the Regional Tariff Response Initiative (RTRI). With trade dynamics shifting and tariff pressures escalating, the session set out to do something vital: cut through the noise, clarify what support is available, and help London-area companies chart a path toward long-term economic resilience.
The RTRI is designed to help businesses boost productivity, enhance competitiveness, and absorb or offset tariff impacts before they become barriers to growth. Through the program, organizations can access repayable or repayable financing from $125,000 to $10 million, with FedDev Ontario covering up to 75% of eligible project costs. Non-repayable grants ranging from $125,000 to $1 million are also available, covering up to 50% of eligible expenses. For many London companies feeling the weight of global uncertainty, this support is both timely and transformative.
The real story here isn’t “funding is available,” it’s what that funding makes possible right now: stronger supply chains, more diversified markets, smarter processes, and companies positioned to withstand and thrive in volatility. For SMEs integrated into cross-border trade or exposed to tariff fluctuations, RTRI represents a lifeline—an opportunity to rethink operations, pursue innovation, and expand with confidence. And for city leaders, economic development partners, and trade advocates, a more resilient local business ecosystem translates into a more competitive business climate.
For LEDC, hosting this session wasn’t a one-off—it reflected our mission. Throughout 2025, LEDC has worked closely with the LRMC and other partners to support companies impacted by changes to tariffs and access programs and key partners offering relief.
