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Global Trade Alert

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Canada (Quebec): Government supports a green hydrogen production facility

Description

On 24 August 2022, the government of the province of Quebec announced CAD 122.6 million (USD 94.40 million) in financial support through equity purchase to Varennes Carbon Recycling, a joint venture b...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Aug 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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