India, July 14 -- Canada said on Monday it will invest more than C$8 million in four businesses in Surrey, British Columbia, to help them offset the impact of tariffs by expanding production, strengthening supply chains and entering new export markets.

The funding, announced under the federal government's Regional Tariff Response Initiative (RTRI), will support companies in the manufacturing, food processing, construction and engineering sectors, which Ottawa said have faced higher costs and supply chain disruptions amid changing global trade conditions.

Randeep Sarai, Secretary of State for International Development, announced the funding on behalf of Housing and Infrastructure Minister Gregor Robertson and Pacific Economic Development...