Loan · repayable

Steel and Aluminium Industries Support Program (BDC)

Government of Canada, Business Development Bank of Canada · Federal (all of Canada)

OpenManufacturingExport
Funding
Loan up to $50,000,000
Borrow up to $50,000,000 — repayable, not a payout
Deadline
Dec 31, 2026
Open, deadline Dec 31, 2026 (fixed date).
Type
Loan · repayable
Company stage
SME, Large Corp
Limited to: Tariff-impacted. Only applicants in this group can apply.

Overview

BDC working capital financing of $2 million to $50 million for Canadian manufacturers of steel, aluminum, copper and related metal-based products that export to the United States, to offset higher tariff-related costs, protect jobs and productive capacity, and provide flexibility to adapt and strengthen operations amid trade challenges.

Who can apply

  • Business must be based in Canada
  • be a manufacturer of steel, aluminum, copper or related/predominantly metal-based products
  • export to the United States
  • have annual revenue of $5 million or more
  • and be in operation for 3 or more years.
Not sure if you qualify?Book a call with SeedPort to see whether Steel and Aluminium Industries Support Program (BDC) fits your company and what you would need to apply.
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What it can pay for

Business Expansion

Past recipients

No public list of past recipients is linked for this program yet.

Official source

Program details change. Always confirm eligibility, amounts and deadlines on the official page before you apply.

Official program page →

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Last checked by SeedPort: Oct 15, 2026. SeedPort is not affiliated with the funder. Information is summarized from public sources and may be out of date.