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Canada/Province of New Brunswick: Government proposes to buy New Brunswick Naval Centre for $1, assume its debts, and invest another $28 million in the shipyard

Description

The provincial government of News Brunswick announced on April 16, 2016 that it proposes an arrangement by which it would assume ownership and management of the New Brunswick Naval Centre in Bas-Caraq...

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Intervention Details

Intervention Type

Debt purchase

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Apr 2016

Revocation date

No revocation date

Implementation level

Subnational

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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