• P.E.I. rolls out $12.5M in support for businesses hit by U.S. tariffs

    Source: Prince Edward Island - Regional News
    Date: 2026-08-28 16:19:32.0
    Tags: [Prince Edward Island, Trade, Economy, Finance, Industry, Agriculture]

    The Prince Edward Island government is rolling out a $12.5 million financial support package to assist businesses impacted by newly imposed 50 percent U.S. tariffs affecting roughly $10 million in provincial exports like agriculture products, dairy, and refrigeration equipment. Administered by Finance P.E.I., the initiative reopens the Tariff Working Capital Assistance Program with $10 million in loans featuring a maximum of $500,000 per borrower, an extended seven-year repayment term, and a doubled two-year interest-only period. Additionally, the province launched the $2.5 million P.E.I. Tariff Impact Relief Fund, providing non-repayable grants of up to $50,000 for capital expenses, supply chain diversification, and market intelligence. This provincial relief complements the Atlantic Canada Opportunities Agency's Regional Tariff Response Initiative and a $3.1-million Canada-P.E.I. workforce tariff response administered through Skills P.E.I. to fund worker retraining and employment services.

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  • Loblaw is bringing back country of origin labels amid ‘Buy Canadian’ push

    Source: Global News Politics
    Date: 2026-08-26 19:35:59.0
    Tags: [National, Trade, Economy, Agriculture, Industry]

    Loblaw is reintroducing country-of-origin labels in its fresh produce aisles and bringing back the 'T' symbol on shelf labels for direct U.S. imports affected by federal counter-tariffs taking effect on September 8, 2026. The move responds to consumer demand and a broader 'Buy Canadian' push amid escalating Canada-U.S. trade tensions. Industry Minister Melanie Joly publicly urged consumers to purchase Canadian goods to protect domestic jobs, while retail experts noted that integrated supply chains continue to make product origin labeling complex.

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