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Global Trade Alert

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Canada: Xanadu Quantum Technologies secures a CAD 40 million investment from the Strategic Innovation Fund

Description

On 23 January 2023, the Prime Minister of Canada Justin Trudeau announced an investment of CAD 40 million (USD 29.92 million) into Xanadu Quantum Technologies's project. The investment will be provide...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Jan 2023

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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Affected Sectors

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Affected Products

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