Global Trade Alert
Global Trade Alert

Canada/Province of Ontario: Loans to support the restructuring of U.S. Steel Canada Inc

Announcement

09 Jun 2017

The total value of the loans may reach Can.$98 million (US$78.6 million) over varying time periods.

 

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Jun 2017

Revocation date:

No revocation date

Updated: 09 Jun 2017
State loan In force

On June 9, 2017 a court supervising the restructuring of U.S. Steel Canada Inc. (Stelco) under the Companies' Creditors Arrangement Act approved a plan that entails government support. Under one el...

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