Global Trade Alert
Global Trade Alert

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Canada: Bailout and planned divestment in the automotive industry

Description

At the height of the financial crisis in 2009 the federal government of Canada and the province of Ontario acquired stakes in General Motors (GM) as part of the wider bail-out of the North American a...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Mar 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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