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Global Trade Alert

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Canada/Province of Ontario: State aid to Cisco for investment in R&D centers

Description

According to press accounts, Cisco Canada received $220 million in provincial grants in 2013 in exchange for its agreement to create 1,700 jobs in Ontario and invest up to $4 billion in the province. ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Dec 2013

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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