May 1, 2026
CEEFC Releases 2025 Annual Report
Toronto, May 1st, 2026 – Canada Enterprise Emergency Funding Corporation (CEEFC) today announced the release of its 2025 Annual Report, highlighting a year of rapid program delivery, strong execution, and continued support for Canada’s economic resilience amid evolving global trade pressures.
In 2025, CEEFC delivered complex and consequential federal financial programs with tangible outcomes for Canadian businesses and workers during a period of heightened uncertainty.
The report highlights CEEFC’s impact across key areas of its mandate:
- Responding to global trade pressures through the launch and rapid implementation of the $10 billion Large Enterprise Tariff Loan (LETL) facility, designed to support large Canadian employers facing tariff-related challenges
- Delivering significant financing commitments under LETL, including over $500 million in support to major Canadian enterprises in strategic sectors
- Supporting the stability and competitiveness of key industries, including financing to Algoma Steel to help maintain operations, protect jobs, and strengthen supply chains
- Continuing the active management of the Large Employer Emergency Financing Facility (LEEFF) portfolio, including loan repayments, restructurings, and value recovery for Canadians
CEEFC delivered solid financial results in 2025, with $108 million in total revenue and continued oversight of a multi-billion-dollar loan portfolio, reflecting disciplined execution of its mandate.
The report also reflects the strength of CEEFC’s governance and leadership, including the appointment of a new President and Chief Executive Officer in early 2026 to guide the organization through its next phase of delivery.
As global economic conditions continue to evolve, CEEFC remains focused on delivering high-impact financing solutions that support Canadian businesses, protect jobs, and contribute to long-term economic stability.