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Canada: Sanofi secures federal and sub-national state aid for the vaccine manufacturing facilities

Description

On 30 May 2024, the Prime Minister of Canada announced CAD 415 million (USD 303.25 million) in state aid to Sanofi Canada. The funding supported Sanofi's flue vaccine manufacturing facility in Toronto...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 May 2024

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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