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Canada invests $6.9M to help Prince Edward Island businesses respond to U.S. tariffs
The federal government is providing more than $6.9 million to 17 PEI businesses and organizations through the Regional Tariff Response Initiative, helping firms hit by U.S. tariffs boost productivity and supply chains.
Why it matters
As U.S. tariffs keep pressuring Canadian businesses, Ottawa is rolling out targeted support nationwide. This funding is part of the Regional Tariff Response Initiative (RTRI), aimed at giving affected firms fast, agile support to strengthen productivity, supply chains and market reach — and protect local jobs.
Full report
On October 1, 2026, the Honourable Sean Fraser, Minister of Justice and Attorney General of Canada and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), announced more than $6.9 million in federal investments for 17 businesses and organizations across Prince Edward Island. The announcement was made at PEI Bag Co. in Central Bedeque, alongside Bobby Morrissey, Member of Parliament for Egmont.
PEI Bag Co. employs 65 Islanders and manufactures bags used to package everyday products like potatoes, flour and sugar. It received more than $260,000 for new manufacturing equipment and digital technologies to make bags more efficiently and reach new customers.
Fraser said Canada's new government is protecting Canadian workers and businesses, defending industries harmed by unjustified U.S. tariffs, and helping Canadian producers compete with U.S. products in the Canadian market. A full list of projects is in the announcement's backgrounder.
Source: Government of Canada, canada.ca (official release, October 1, 2026).
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