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Canada: Porter Airlines secures CAD 270 million through the Large Employer Emergency Financing Facility (COVID-19)

Description

On 30 June 2021, the Canadian government announced a debt and equity financing agreement with Porter Airlines. The funding is worth CAD 270 million (USD 216 million) and will be provided through the L...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Jun 2021

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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