Global Trade Alert
Global Trade Alert

Canada: Subsidies to satellite company Telesat

Announcement

24 Jul 2019

This investment was made through Canada’s Strategic Innovation Fund, which aims to accelerate economic growth, strengthen and expand the role of Canadian firms in regional and global supply chains, support economic strategies, and attract investment.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Jul 2019

Revocation date:

No revocation date

Updated: 24 Jul 2019
Financial grant In force

On July 24, 2019 the Government of Canada announced a Can.$85 million (U.S.$64 million) subsidy to satellite company Telesat to build and test technologies for its low-earth-orbit satellite constel...

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