Ontario Investing Over $2.2 Million to Protect Tariff-Impacted Workers and business in Markham-Thornhill
December 15, 2025
MARA Technologies Inc.’s more than $12.5 million project will protect and create 286 jobs
MARKHAM —The Ontario government is investing $2,226,371 through the Ontario
Together Trade Fund (OTTF) to support MARA Technologies Inc. as they increase
resilience, build capacity and re-shore critical supply chains to Ontario.
Through this project, MARA Technologies Inc. is investing $12,568,085 to expand
capacity and add capabilities that will allow the company to take on and compete for
work currently impacted by tariff threats and reduce the dependence on volatile U.S.
trade relations. The investment will create 95 new, good-paying jobs and protect 191
existing positions across York region.
“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 Logan
Kanapathi, Member of Provincial Parliament for Markham-Thornhill. “MARA
Technologies’ 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.
“This investment marks an exciting new chapter for Mara Technologies,” said Peter
Schmied, COO and President of MARA Technologies. “By strengthening our
manufacturing capabilities and repatriating key operations to Ontario, we’re not only
retaining skilled jobs, we’re creating 95 more, and building a stronger, more resilient
supply chain for all Ontarians.”
Since its launch, the OTTF has received overwhelming demand, with more than 140
applications submitted as of October 2025. In response to this, the government recently
announced an additional $100 million investment into the program, 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 MARA Technologies 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
enhanced as 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
Ontario Together Trade Fund
A Plan to Protect Ontario: 2025 Ontario Economic Outlook and Fiscal Review
MEDIA CONTACTS
Office of MPP Kanapathi
logan.kanapathico@pc.ola.org
ontario.ca/economy-news
Disponible en français