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Ottawa promises $50M over five years to support Canadian exporters

By on March 19, 2015


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MISSISSAUGA, Ontario — The federal government is putting up $50 million over five years for export development.

The money will be available to small and medium-sized businesses who want to export to emerging markets for the first time.

Recipients will have to match the government money for activities such as trade missions and research.

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The program is expected to help as many as 1,000 exporters a year.

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Prime Minister Stephen Harper made the announcement today at an event in Mississauga, Ontario.

He also announced an expansion to the Canadian Trade Commissioner Service, which provides advice to entrepreneurs.

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