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Straight answers

Everything owners ask us about tariff relief grants, business loans and credit repair, answered plainly.

FAQ

Tariff relief grants

Do tariff relief grants have to be paid back?

Much of the funding does not. Under the Regional Tariff Response Initiative, liquidity assistance of up to $2 million and pivot projects of up to $1 million do not need to be repaid. Larger projects can add interest free repayable support, up to $20 million in total.

Who qualifies for the Regional Tariff Response Initiative?

Incorporated for profit businesses 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.

What counts as tariff impact?

Operating in a sector hit by U.S. Section 232 or Section 338 tariffs, directly or as a supplier; earning at least 25% of revenue from goods ultimately exported to the U.S.; or facing significant cost increases, supply chain disruption or lost customers.

What can liquidity assistance pay for?

Employee salaries and wages, plus essential recurring costs such as rent or lease payments, utilities, business insurance and property taxes, for up to 12 months ending no later than March 31, 2028.

What counts as a pivot project?

Projects that improve productivity, modernize processes, add equipment or automation, diversify markets, develop exports or strengthen supply chains. Projects must be complete by March 31, 2029.

Which agency handles my application?

It depends on where your business operates: FedDev Ontario, FedNor, CED in Quebec, PacifiCan, PrairiesCan, ACOA or CanNor. Find your region.

Are you part of the government?

No. NorthAxis Capital is an independent advisory firm. Government agencies run the programs and make every funding decision.

Is there a deadline?

Funding is committed as applications are approved, so applying early keeps the most options open. Some agencies list intake until the end of 2028 or until funds run out.

FAQ

Business loans and credit repair

How much can I borrow?

We arrange business financing from $20K to $2M through more than 50 lending partners.

Does applying for a loan affect my credit?

Our initial review can typically be done with a soft credit check that does not affect your score. A lender may run a full check before final approval.

Can I get a loan while my grant is reviewed?

Yes, and many clients do. We coordinate both so the same costs are never funded twice.

What does credit repair involve?

Reviewing your Equifax and TransUnion reports, disputing inaccurate items, and building a plan to strengthen personal and business credit. Accurate information cannot be removed early, and we never claim otherwise.

Do I need to visit an office?

No. We work with businesses across Canada by phone, email and video.

Free eligibility check

See which tariff relief grants your business qualifies for.

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.

  • No documents needed to start
  • Checking has no effect on your credit
  • Your information stays confidential
  • You speak with a real specialist

Start here

One short form. A specialist calls you back.

  1. 1
    Tell us what you needYour name, business and the best way to reach you.
  2. 2
    A specialist calls youWe walk through your options in plain language.
  3. 3
    We handle the paperworkApplications, documents and follow up, start to finish.
Check my eligibility Prefer to talk? Call us now437-525-4210

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Get in touch

Ready to see what you qualify for?

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.

Prefer to talk? Call us437-525-4210
Open7 days a week, 7 AM to 7 PM ET

Send us your details

Takes about a minute. A specialist will call you back.

Your total sales in one year, before expenses.

What do you need help with?

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