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ESSOR – Companies in the Steel and Aluminium Industries

If you have a steel or aluminium company that is short of cash as a result of special tariffs, Investissement Québec can help you stay the course!

This program is administered jointly by Investissement Québec and the Ministère de l’Économie et de l’Innovation.

Steel and Aluminium Industry Companies Component

For steel and aluminium industry companies

This component of the ESSOR Program provides limited-time support for the working capital of eligible companies so that they can continue their activities.

Details of financial assistance

Loans and loan guarantees are provided at market conditions for a limited time.
Maximum financial assistance is set at 75% of the special tariffs imposed.
The measure has a maximum duration of 10 years.

Special conditions may apply.

Eligibility Criteria

Your company is eligible if it has operations in the steel or aluminium industry and if its export products are subject to the special tariffs of 25% and 10%, respectively.