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Canada: Loan of CAD 2.44 billion approved in favour of Telesat

Description

On 13 September 2024, the Canadian government approved a CAD 2.14 billion (approx. USD 1.5 billion) loan to support Telesat Lightspeed. The state loan initiative aims to support Telesat to build a sat...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Sep 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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