The Regional Tariff Response Initiative (RTRI) is part of the Government of Canada's strategy to defend Canadian jobs, industries, and supply chains from the impacts of tariffs. Delivered by Prairies Economic Development Canada (PrairiesCan) in the Prairie provinces, RTRI strengthens the competitiveness of tariff impacted small- and medium-sized businesses by helping them to boost productivity, catalyze growth, and diversify markets.
PrairiesCan announced four non-repayable investments under RTRI:
- Saskatchewan Trade & Export Partnership Inc. (STEP) - $5,111,000: STEP will help SMEs across Saskatchewan, Alberta and Manitoba build export capacity and diversify international markets. STEP will also deliver Saskatchewan-specific programming to support market diversification and product modification, provide business advice, back global trade fair participation, and fund incoming buyers engaging with Saskatchewan businesses.
- DynaIndustrial GP Inc. - $1,000,000: DynaIndustrial will improve productivity and diversify their market for products and services in the steel sector. DynaIndustrial plans to expand into the European market and integrate cutting-edge technologies that enhance output, increase quality, provide manufacturing flexibility, and diversify service offerings which will support increased competitiveness in the steel sector and build resilience in a shifting global trade environment.
- Dutch Industries Ltd. - $1,000,000: Dutch Industries will install equipment to expand their manufacturing capacity of agricultural products and grow their product line to open new markets and diversify.
- Hi-Tec Profiles Inc. - $1,000,000: Hi-Tec Profiles will enhance their manufacturing capacity to grow the Canadian steel parts supply chain. The company is investing in productivity-enhancing capital equipment to support clients in reducing unit production costs, improving operational efficiency, automation, and maintaining domestic manufacturing activity. This new capability will strengthen Hi-Tec's ability to meet their current and future clients' requirements as they expand their product offerings and markets served
