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Global Trade Alert

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Canada: Government provides funding for the production of ribonucleic acid vaccines and future genetic medicines in Canada

Description

On 2 February 2021, Precision NanoSystems announced securing CAD 25.1 million (USD 20 million) from the government to establish a biomanufacturing center to produce ribonucleic acid vaccines and futur...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Feb 2021

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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