Services

Opportunities NB Tariff Support Plan

Enhanced ONB support for New Brunswick businesses affected by U.S. tariffs: (1) repayable working-capital loans for tariff-impacted exporters, (2) the flexible, performance-linked Competitiveness and Growth Program for export-intensive companies, and (3) strategic assistance for new-market entry (market research, regulatory guidance, trade compliance consulting, contingency planning). Requests are assessed individually.

Opportunities NB Support Plan for Businesses Affected by U.S. Tariffs

Overview

Enhanced ONB support for New Brunswick businesses affected by U.S. tariffs: (1) repayable working-capital loans for tariff-impacted exporters, (2) the flexible, performance-linked Competitiveness and Growth Program for export-intensive companies, and (3) strategic assistance for new-market entry (market research, regulatory guidance, trade compliance consulting, contingency planning). Requests are assessed individually.

Key numbers

ItemValue
Instrumentloan + grant (mixed)
Levelprovincial
RegionNew Brunswick
AdministratorOpportunities NB
Intake statusOngoing (assessed individually)
Non-US biasTargets US-tariff-impacted exporters; support directed to new-market entry and diversification

Eligibility

Exporting businesses in sectors directly impacted by tariffs

Working-capital loans

minimum 25% of sales to the U.S. or 25% of raw materials subject to counter-tariffs; positive cash flow; profitability before tariff impacts; current on property taxes and CRA remittances

Competitiveness and Growth Program

industrial, export-intensive companies significant to New Brunswick's economic vitality

Strategic assistance

NB exporting businesses investing in innovation, productivity, market development, or sector-specific initiatives

What it covers

Repayable loans for short-term working capital (revenue loss, increased costs, supply-chain disruption)

Flexible, performance-linked financial assistance for competitiveness gaps and strategic productivity investments

Professional services for entering new export markets (market research, regulatory guidance, trade compliance consulting)

Market adaptation strategies, diversification support, and new supply-chain solutions

Contingency planning related to trade and supply-chain disruptions

Market and diversification rules

Businesses must demonstrate tariff impact and have an action plan to mitigate it

All lending decisions subject to due diligence by ONB

How to apply

Contact your regular ONB contact, or the Department of Agriculture, Aquaculture and Fisheries or Department of Natural Resources

Businesses without an existing contact should connect with an ONB Business Navigator (1-833-799-7966 or nav@navnb.ca)

Financial support is tailored to individual business needs

Stacking notes

Support is assessed individually; disclose all other government assistance

Notes

Plan announced March 6, 2025 in response to U.S. tariffs

Sep 2026 escalation response added $1M in ONB market-development funding and trade missions to South Korea, Cambodia, Japan, Belgium, and the Netherlands

Relevant services

Book a free readiness call

Grant programs can reimburse up to 50% of eligible market-entry costs. In one free call we tell you honestly whether your product fits a non-US market.

Book a free readiness call