Government of Canada invests over $30 million to help B.C. businesses navigate trade disruptions and seize new opportunities

By Pacific Economic Development
Government of Canada
August 10, 2026
Category: Business & Politics
Region: Canada, Canada West

Through the Regional Tariff Response Initiative (RTRI), the Government of Canada is helping businesses across the country navigate ongoing trade challenges by boosting productivity, strengthening supply chains, and reaching new domestic and global markets. The Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada (PacifiCan), announced an investment of over $30.5 million in RTRI funding for 24 businesses and organizations across B.C. to help them pivot to new pathways for growth — protecting jobs in key sectors affected by global trade disruptions such as advanced manufacturing, forestry, and steel and aluminum.

From the backgrounder:

  • Nanaimo Forest Products (Harmac) — $5,500,000 
  • BC Wood Specialties Group — $5,280,480
  • Canadian Bavarian Millwork & Lumber — $1,000,000 
  • PowerWood — $1,000,000 

Read More