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Global Trade Alert

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Canada: CAD 2 billion Investment in Carbon Capture Infrastructure with Strathcona Resources

Description

On 11 July 2024, the Canada Growth Fund (CGF) announced CAD 500 million (USD 365.64 million) to support Strathcona Resources' development of carbon capture and sequestration (CCS) infrastructure on oi...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Jul 2024

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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