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Canada: Government announces CAD 240 million in funding for an AI data centre

Description

On 6 December 2024, the government of Canada announced CAD 240 million (USD 168.61 million) in state aid to Cohere, a Canadian Artificial Intelligence (AI) company. The government did not specify the ...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Mar 2025

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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