Global Trade Alert
Global Trade Alert

Canada/Province of Alberta: Second round of incentives under the Petrochemicals Diversification Program

Announcement

01 Jun 2018

The provincial government is seeking proposals in a second round of subsidies for downstream industries.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Nov 2018

Revocation date:

No revocation date

Last action: 01 Jun 2018
Tax or social insurance relief In force
On November 20, 2018 Premier Rachel Notley announced tht the province will double support for petrochemical upgrading, with total investment now reaching Can.$2.1 billion (U.S.$1.58 billion). The gove...
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Implementation date

01 Oct 2018

Revocation date:

No revocation date

Last action: 01 Jun 2018
Tax or social insurance relief In force
In 2016 the government of Alberta launched a Petrochemicals Diversification Program to encourage companies to invest in the development of new Alberta petrochemical facilities by providing Can.$500 mi...
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