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Canada (Ontario): Government allocates an additional CAD 146 million to develop the local life sciences sector

Description

On 15 October 2024, the government of the province of Ontario announced a CAD 40 million (USD 28.95 million) investment through the Venture Ontario Fund. The investment is part of a broader CAD 146 (U...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Oct 2024

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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