Written by
Robin Cooke
—
March 13, 2025
What's New This Week - March 13, 2025
Financial Support Available for Ontario Farm Businesses
In response to potential U.S. tariffs, the Canadian government has announced new financial assistance programs for farm businesses.
🔹 Farm Credit Canada (FCC) Trade Disruption Support – Offers up to $500,000 in additional credit and loan deferrals.
🔹 BDC Pivot to Grow Program – Provides financing and advice for SMEs impacted by tariffs.
🔹 Employment Insurance (EI) Work-Sharing Program – Expands eligibility and extends support to 76 weeks.
🔹 Export Development Canada (EDC) Trade Impact Program – $5 billion in funding to help exporters manage trade disruptions.
Existing programs such as Risk Management, Agri-Invest, Agri-Stability, Production Insurance, and the Advance Payment Program continue to provide financial stability for farmers.
For over 80 years, Export Development Canada (EDC) has stood tall at the moments when Canadian companies needed them most, helping our exporters overcome significant economic challenges.
That’s why EDC is prepared to facilitate an additional $5 billion in support over two years to help eligible companies adjust and adapt to new market uncertainty.
The EDC Trade Impact Program’s expanded capacity will apply to a suite of EDC financing and insurance solutions. Whether businesses need working capital to manage existing contracts, potential decreases in sales, or volatility in the Canadian dollar exchange rate, or insurance to protect against the risks associated with supply chains—EDC solutions can help.
Tips for Starting and Scaling Your Business in Canada
Starting and growing a business requires careful planning and the right resources. Here are key tools and support programs to help entrepreneurs succeed:
Use these tools to build a strong foundation and scale your business effectively.
March Business After Five – Connect & Network!
Join us at the Lochiel Kiwanis Community Centre for March’s Business After Five networking event! Discover this fantastic venue for events and meetings while mingling with local professionals in a relaxed, engaging atmosphere.
Why Attend?
✅ Expand your network & meet new business contacts
✅ Enjoy great conversations & a welcoming environment
✅ Bring your colleagues & business cards for a chance to win prizes
Want to showcase your business? Become an exclusive vendor exhibitor for just $75! Contact rcooke@slchamber.ca
Chelsea Cooper Tiffany Majovsky
Celebrate International Women’s Month with Us!
Join us at the Four Points by Sheraton for a special event honoring the achievements of women, proudly sponsored by Super Tent Sarnia.
🌟 Event Highlights:
Dress for Success Fashion Show – Presented by Garbo's Fashions. Delicious Lunch – Enjoy great food while connecting with fellow attendees.
Inspiring Panel Discussion – Hear from exceptional women in Lambton as they share insights in a thought-provoking conversation, moderated by Sarah Woodley of The Fox FM.
Together, let’s #AccelerateAction and drive meaningful change! Reserve your spot today!
Register TodayCongratulations and Welcome to Our Newest Chamber Members
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