Protect Ontario Financing Program

Receive between $250K to $40M on eligible costs in loans.

The Protect Ontario Financing Program is allocating up to $1 billion in liquidity loans to help Ontario businesses in the steel, aluminum, and auto sectors weather the financial strain of U.S. Section 232 tariffs.  

Eligible Ontario businesses can access term loans starting at $250,000 and up to $40 million per client, with repayment terms of up to six years and, in some cases, interest-only payments in the first year. The funding is designed to cover working capital expenses such as payroll, leases, and utilities, giving businesses the stability needed to maintain operations and protect Ontario jobs while navigating tariff-related challenges. 

Quick View

800+

Annual Funding Applications Supported

Apply for This Funding Program

Give your application the best chance of approval. Ryan supports the writing of applications for more than 100 Canadian federal and provincial government grants, tax credits, and no-interest loan programs.

Protect Ontario Financing Program

Amount of Funding

Protect Ontario Financing Program funding amount criteria details include: 

  • Minimum of $250,000 in loans; and 
  • Repayable up to 72 months (6 years); and 
  • No penalty for prepayment; and 
  • Annual repayment frequency; and 
  • Applicant to demonstrate ability to meet repayment requirements and provide security satisfactory to the province. 

At the discretion of the province, loan parameters may also include: 

  • Interest-bearing loan up to market prime-rate 
  • Potential for loan repayments to be principal-free for up to 12 months 
Protect Ontario Financing Program

Eligible Applicants

  • Incorporated, for‑profit businesses or limited partnerships registered in Ontario 
  • At least $2 million in annual revenue
  • Minimum of 10 full‑time employees in Ontario 
  • Three years of operations, backed by financial statements  
  • Must face tariff-related working capital challenges 
  • Must have explored federal support options (EDC Tariff Impact Program, BDC Pivot to Grow, Large Enterprise Tariff Loan Facility) 
Protect Ontario Financing Program

Eligible Activities

  • Working capital needs such as payroll, leases, utilities; and 
  • Not for equipment purchases, acquisitions, refi, or relocation. 
Protect Ontario Financing Program

Program Deadline

Speak with a member of our team to find the latest intake period info for this program or subscribe to our newsletter to be notified.

Average of
Time Saving

95%

Throughout the application process

Apply for Funding

Successfully applying for the right funding program at the right time, focusing on the right topics is no easy challenge. We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.

Related News

  • Man Standing on Stage Holding Microphone

    Government Invests $3.2 Million in Northern Ontario Film Industry 

    Discover how Ontario’s $3.2 million investment in northern film projects through the NOHFC is boosting Sudbury’s economy.

    Read More
  • Canadian Business Insights: Report Shows Lack of Indigenous Representation in B.C.’s Tech Sector

    A recent report by the First Nations Technology Council (FNTC) sheds light on the current state of Indigenous representation in tech and calls to address systemic barriers in B.C.

    Read More
  • Canadian Northern Sky

    ​Six Northern Ontario Film Projects Receive Funding from NOHFC

    The NOHFC supports Canadian economic prosperity with financial assistance for growth, job creation, and skills development.

    Read More
  • NOHFC Invests $6M in Ontario’s Agri-food Sector

    Through the Northern Ontario Heritage Fund Corporation (NOHFC), the Ontario government is providing more than $6 million to 17 agri-food projects in Northern Ontario.

    Read More