Global Trade Alert
Global Trade Alert

Canada: Write-off of U.S.$1.99 billion loan to Chrysler

Announcement

31 Mar 2018

In March 2018, Canada wrote off a loan that was extended to automaker Chrysler during the 2009 financial crisis.   

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

31 Mar 2018

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

In a budget document (2018 Public Accounts of Canada) tabled in Parliament on October 19, 2018, the Government of Canada wrote off a loan for automaker Chrysler valued at CAD 2.6 billion (USD 1.99 bil...

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