Large Enterprise Tariff Loan (LETL) Facility

Short-term financing to cover a twelve-month liquidity shortfall for large Canadian companies affected by new tariffs and countermeasures that face challenges accessing traditional sources of market financing.

• Large Canadian enterprises with significant operations and a significant workforce in Canada, approximately $150 million or more in annual Canadian revenue, requiring a minimum loan size of $30 million, affected by new tariffs and countermeasures and unable to access traditional market financing.
• Must commit to minimizing employment loss, sustaining domestic business activities, and demonstrate the loan forms part of an overall transition plan to financial stability.