Global Trade Alert
Global Trade Alert

Canada: Federal and provincial subsidies to the Elysis joint venture of Alcoa Corporation and Rio Tinto Aluminum

Announcement

10 May 2018

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.

 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 May 2018

Revocation date:

No revocation date

Updated: 10 May 2018
Financial grant In force

On May 10, 2018 the Government of Canada announced a Can.$60 million (U.S.$45 million) subsidy to Alcoa Corporation and Rio Tinto Aluminum for their joint venture Elysis. The Government of Quebec w...

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