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Government of Canada, Canada Development Investment Corporation
Large Enterprise Tariff Loan (LETL) facility
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1–2 hours
Can you get this?
✓Approximately $150M+ in annual Canadian revenue
✓Significant operations or workforce in Canada
✓Must have been solvent as of Dec 31, 2024
✓Must have exhausted all other capital sources first
✕Insolvent or creditor-protected businesses are not eligible
Your real odds
This is a selective, case-by-case government facility for large enterprises, and it is not a broad grant program.
CEEFC screens applicants through an initial enquiry form before requesting further information, so only qualifying companies advance. The facility targets a narrow segment, large enterprises with major Canadian revenue, which limits the applicant pool but also limits the support available.
What it takes
Review the LETL factsheet to confirm eligibility1–2 hours
Complete and email the Enquiry Form (no attachments other than the form)A few hours to 1 day
Wait for CEEFC to assess eligibility and respond with a request for additional information if you qualifyDays to weeks, timeline not specified
Worth knowing
The facility is explicitly designed to cover a 24-month liquidity shortfall as a last-resort measure, so you must demonstrate you have already exhausted all other capital sources before applying, and a plan to return to financial stability is required.
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