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Global Trade Alert

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Canada: Federal and Ontario governments invest over CAD 1 billion in Stellantis automobile manufacturing project

Description

On 2 May 2022, the national government of Canada announced a commitment of CAD 529 (USD 413.28 million) funding to Stellantis Canada for the development of Electric Vehicles (EV)-manufacturing facilit...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 May 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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