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Global Trade Alert

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Canada: Government announced CAD 36.3 million in federal funding for Ucore's rare earth processing facility

Description

On 31 October 2025, Natural Resources Canada (NRCan), under its Global Partnerships Initiative (GPI), conditionally approved a non-repayable contribution of up to CAD 36.3 (USD 25.82) million to Ucore...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Oct 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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