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Global Trade Alert

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Canada: AVL Fuel Cell Canada Inc secures a CAD 15 million investment from the federal government

Description

On 27 June 2023, the government of Canada announced a CAD 15 million (USD 11.35 million) loan to AVL Fuel Cell Canada through the Strategic Innovation Fund. The funding will support further developmen...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Jun 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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