Global Trade Alert
Global Trade Alert

Canada: Subsidies to BioVectra Inc

Announcement

04 Mar 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

04 Mar 2019

Revocation date:

No revocation date

Updated: 04 Mar 2019
Financial grant In force

On March 4, 2019 the Government of Canada announced a Can.$37.5 million (U.S.$28.3 million) subsidy to the biotechnology company BioVectra Inc. The company is a producer and a supplier of vari...

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