Ontario Investing Over $260K to Protect Tariff-Impacted Workers and Businesses in Newmarket
March 18, 2026
Bramden Precision’s $1.3 million project will protect and create 22 jobs
NEWMARKET —The Ontario government is investing $263,250 through the Ontario Together Trade Fund (OTTF) to help Bramden Precision increase resilience, build capacity, and re-shore critical supply chains to Ontario.
Through this investment, Bramden Precision is investing $1,316,250 to increase trade security by investing in advanced manufacturing technologies to enhance competitiveness and develop new markets within Ontario, while meeting customer’s domestic-content demand. The investment will create eight new, good-paying jobs and protect 14 existing positions.
“Through the Ontario Together Trade Fund, our government is stepping up for the businesses in our community who’ve been directly affected by U.S. tariffs,” said Dawn Gallagher Murphy, Member of Provincial Parliament for Newmarket—Aurora. “Bramden Precision’s investment will help them adapt, stay competitive and continue creating good jobs in these uncertain times, all while helping make Ontario’s economy more competitive, resilient and self-reliant.”
First announced as part of the 2025 Ontario Budget, the OTTF is part of the province’s nearly $30 billion tariff relief and support plan, dedicated to protecting the province’s workers and businesses from economic uncertainty and building a more competitive, resilient and self-reliant economy. With a focus on small and medium-sized enterprises, the program will help businesses across a diverse range of sectors make the necessary investments to strengthen operations in Ontario, expand market reach and protect workers.
“Investing in Hi-tech businesses signify our government’s commitment in supporting our economy, not only for the present but also for the future. It not only strengthens our economy, but it also supports our community providing employment to local residents,” said Tony Denham, President of Bramden Precision. “The training that Bramden provides each employee will provide a lifetime of skill and talent that will support the industry and the individual for years to come.”
Since its launch, the OTTF has received overwhelming demand and in response to this, the government announced an additional $100 million investment into the program last year, bringing the total funding to $150 million over three years. The increased support will enable businesses affected by U.S. tariffs to return production to Ontario, identify new sales opportunities and expand interprovincial trade.
“As U.S. tariffs continue to threaten Ontario’s critical industries, our government remains focused on ensuring our businesses have the resources needed to adapt and expand,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “By investing in Bramden Precision through the Ontario Together Trade Fund, we are taking decisive action to enhance the competitiveness of our economy and increasing opportunities for Ontario businesses and workers, now and for generations to come.”
As Ontario continues to navigate the impact of U.S. tariffs and global economic uncertainty, the government remains focused on delivering critical funding, cutting red tape, unleashing the economy and supporting workers.
QUICK FACTS
- The Ontario Together Trade Fund is a part of Ontario’s broader strategy to support advanced manufacturing and trade-impacted communities, launched or enhancedas part of the 2025 Ontario Budget, including the Ontario Made Manufacturing Investment Tax Credit, the Protect Ontario Financing Program and the Trade-Impacted Communities Program.
- Through the OTTF, the government is also providing complementary supports and services to help businesses navigate regulatory requirements, connect with skilled talent and access government programs that accelerate project success.
- Open to Ontario-based businesses investing a minimum of $200,000, eligible projects include modification of existing products to enter new sectors, procurement of advanced equipment and facility modification to enhance domestic manufacturing and sales expansion.
ADDITIONAL RESOURCES