Canada allocates $14.1M to shield Nova Scotia firms from US tariffs

Justice Minister Sean Fraser announces $14.1M aid for Nova Scotia businesses facing US tariffs.

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Stands on 6 placed sources from 2 publishers.

As of 2026-09-02 18:19 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

The Canadian federal government is spending $14.1 million to help Nova Scotia businesses weather U.S. tariffs. ^[1] The U.S. imposed tariffs of 50 per cent on about $28 billion worth of Canadian goods last month, with Canada's reciprocal tariffs on American products set to start next week. ^[2] Ace Machining Ltd. is receiving more than $400,000 to buy an automated computer numerical control milling station. ^[3] The money comes from Ottawa's $1.5-billion Regional Tariff Response Initiative, which is part of a $7.5-billion package designed to help companies affected by U.S. trade policy. ^[4] Justice Minister Sean Fraser, who also serves as the minister in charge of the Atlantic Canada Opportunities Agency, announced the new support package. ^[5] The $14.1 million package includes grants for 27 businesses and organizations. ^[6]

What this stands on

The Canadian federal government is spending $14.1 million to help Nova Scotia businesses weather U.S. tariffs. · Winnipeg Free Press

The U.S. imposed tariffs of 50 per cent on about $28 billion worth of Canadian goods last month, with Canada's reciprocal tariffs on American products set to start next week. · Winnipeg Free Press

Ace Machining Ltd. is receiving more than $400,000 to buy an automated computer numerical control milling station. · Winnipeg Free Press

The money comes from Ottawa's $1.5-billion Regional Tariff Response Initiative, which is part of a $7.5-billion package designed to help companies affected by U.S. trade policy. · Winnipeg Free Press

Justice Minister Sean Fraser, who also serves as the minister in charge of the Atlantic Canada Opportunities Agency, announced the new support package. · The Globe and Mail

The $14.1 million package includes grants for 27 businesses and organizations. · The Globe and Mail

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