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Global Trade Alert

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Canada: Transat secured CAD 100 million through the Large Employer Emergency Financing Facility (COVID-19)

Description

On 29 July 2022, the Canadian government announced a debt and equity financing agreement with Transat. The funding is worth CAD 100 million (USD 78 million) and will be provided through the Large Empl...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Jul 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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