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Canada: State of Quebec invests CAD 400 million to support Telesat

Description

On 18 February 2021, the state of Quebec invested CAD 200 million (approx. USD 157.8 million) in a loan to support Telesat. The state loan initiative aims to support Telesat to build a satellite netwo...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Feb 2021

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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