Regional Tariff Response Initiative in Nunavut
Up to $3 million per business in funding that never has to be repaid, delivered in Nunavut by CanNor. We find every program you qualify for, write the application and see it through.
Nunavut at a glance
Nunavut’s businesses work in mining, fisheries, construction, shipping and the services that keep remote communities supplied. When tariffs raise the cost of equipment and materials, the impact is magnified by northern logistics.
If your business sells to these sectors, buys from them or competes with imports, you may qualify even if you never export a single product yourself. Indirect exposure as a supply chain partner counts.
Federal funding
The Regional Tariff Response Initiative has two business streams. You can apply for one or both.
Up to $2M
Helps you absorb tariff pressure on cash flow, covering up to 50% of eligible costs for up to 12 months.
Up to $1M
Funds the projects that help you adapt and compete. Larger transformative projects can access interest free repayable support at up to 75% of costs.
Also available
The Government of Nunavut publishes economic development programs. We review territorial options alongside federal funding.
Official websiteCapital maintenance funding for tariff exposed manufacturers with $20M+ in revenue and 10+ employees.
Read the guideFor employers with an approved Work Sharing agreement, topping up pay for staff on reduced hours who train.
Read the guideBridge financing for Nunavut businesses that need capital before a grant decision lands.
Explore business loans
Verify it yourself
These are the government’s own numbers, not ours. Open any of them and see the program for yourself, then let us handle the application.
Find your region’s official program page
NorthAxis Capital is an independent advisory firm. We are not part of, or affiliated with, the Government of Canada. Programs are administered and approved by the government agencies that run them.
Across Canada
Results
Verified
They worked with me and helped me get the funds I needed.
Travis, and I’m sure other team members, worked quickly and diligently. I never had to chase anyone for an answer, and the funding came through faster than I expected. A genuinely smooth experience from start to finish.
Where do u begin. Travis from day 1 has been incredible at what he does. His knowledge of the process made everything simple, and he genuinely cared about getting me the right deal. Couldn’t recommend the team more highly.
Verified
Very easy process. Jason white was very informative, answered all my questions and walked me through each step without any pressure. The whole thing was smoother than I ever imagined it could be.
Verified
They fully explained our loan options so we could make the right decision for our business. No jargon, no surprises — just clear answers. We felt confident signing because we understood exactly what we were getting.
5 days ago
Process was easy, Tyler was great
6 days ago
as a first time customer as a former lender myself, I knew it would be challenging for me to be impressed. They proved me wrong. The rates were fair, the terms were clear, and the funding was quick. A genuinely professional operation.
7 days ago
If you’re reading this to see if you should use NorthAxis Capital. Let me save you the time — yes, you should. From the first call to the final deposit, everything was handled professionally and I never felt like just another number.
18 days ago
Quick funding no hassle, just what I needed. Andy was great.
21 days ago
Very easy to deal with. The whole process from their first call it has been a positive experience. Everyone I spoke with was courteous and knew exactly what they were doing. I’d happily work with them again.
Incorporated for profit businesses located and operating in Nunavut with at least $1 million in annual revenue in one or both of their last two fiscal years, that were viable before March 21, 2025 and can show a direct or indirect tariff impact.
Canadian Northern Economic Development Agency (CanNor) for the territories.
Up to $2 million in liquidity assistance and up to $1 million for pivot projects, for a combined $3 million that does not need to be repaid. Including repayable support, total funding can reach $20 million per business.
Operating in a sector hit by U.S. Section 232 or Section 338 tariffs, directly or as a supply chain partner; earning at least 25% of revenue from goods ultimately exported to the U.S.; or facing significant cost increases, supply disruption or lost customers.
Often, yes, as long as the same costs are not funded twice. We map federal, provincial and municipal programs together so you apply where you are strongest.
Liquidity assistance can cover up to 12 months ending no later than March 31, 2028, and pivot projects must be complete by March 31, 2029. Funding is limited and committed as applications are approved, so applying early matters.
Free eligibility check
Fill in one short form or give us a call. A grant specialist reviews your situation and walks you through the programs that fit, and how much you could receive.
One short form. A specialist calls you back.
Open 7 days a week, 7 AM to 7 PM ET
Get in touch
Send us your details and a grant specialist will call you back to walk through the tariff relief programs that fit your business. No obligation.
Takes about a minute. A specialist will call you back.
