Government of Canada highlights support for national transportation and logistics company and its workers

From: Department of Finance Canada

News release

June 3, 2026 - Vaudreuil-Dorion, Quebec - Department of Finance Canada

Disruptive trade patterns are reshaping Canada’s transportation and logistics sector by altering freight volumes, re-routing supply chains, and increasing operational complexity. These changes are raising costs, reducing efficiency, and forcing logistics providers to adapt quickly to fluctuating demand and evolving cross‑border trade conditions.

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, highlighted up to $90 million in loan assistance to transportation and logistics company C.A.T. North America Inc. (C.A.T.) through the Large Enterprise Tariff Loan facility. This financial assistance will help one of Canada’s major transportation and logistics employers maintain operations, protect Canadian jobs, and preserve critical transportation capacity, ensuring continued reliability in supply chains.

Headquartered in Vaudreuil-Dorion, Quebec, C.A.T. specializes in long-haul trucking, intermodal services, warehousing, distribution, and cross-border freight management services. It currently employs 1,670 workers in Canada and has a fleet of over 1,500 power units and 5,000 trailers, serving customers in manufacturing, industrial, and retail sectors.

Transportation and logistics companies play a critical role in Canada’s economy by enabling the efficient movement of goods across provinces and international borders. Companies like C.A.T. support trade, ensure supply chain reliability, and help businesses remain competitive in both domestic and global markets.

Quotes

“Our government takes action to support Canadian companies impacted by ongoing trade disruptions. C.A.T. plays a key role in Canada’s economy by ensuring businesses move goods efficiently across North America. This support will help this major transportation and logistics employer continue delivering for Canadian businesses while maintaining critical transportation capacity and protecting jobs.”

- The Honourable François-Philippe Champagne, Minister of Finance and National Revenue

Quick facts

  • This financial support would be provided by the Canada Enterprise Emergency Funding Corporation through the Large Enterprise Tariff Loan facility. 

  • In March 2025, the government announced the creation of the Large Enterprise Tariff Loan (LETL) facility, a $10 billion financing facility managed by Canada Enterprise Emergency Funding Corporation, a subsidiary of Canada Development Investment Corporation, to support Canadian companies affected by actual or potential tariffs and countermeasures.

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Contacts

Media may contact:

John Fragos
Press Secretary
Office of the Minister of Finance and National Revenue
John.Fragos@fin.gc.ca

Media Relations
Department of Finance Canada
mediare@fin.gc.ca
613-369-4000

General enquiries:

Phone: 1-833-712-2292
TTY: 613-369-3230
E-mail: financepublic-financepublique@fin.gc.ca

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2026-06-03