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Canada (Quebec): Monarch Mining secures a CAD 13.5 million loan from Investissement Quebec

Description

On 27 July 2021, Investisssement Quebec (IQ) announced the provision of a CAD 13.5 million (USD 10.72 million) loan to Monarch Mining to relaunch the Beaufor mine and the Beacon mill in Quebec. The lo...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Jul 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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