Global Trade Alert
Global Trade Alert

Canada: Pratt & Whitney Canada secures funding from the government for the development of a hybrid-electric propulsion plane

Announcement

15 Jul 2021

In July 2021, the Government of Quebec and the Government of Canada announced providing financial assistance to Pratt & Whitney Canada for the development of the first hybrid-electric propulsion demonstrator plane project.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Jul 2021

Revocation date:

No revocation date

Updated: 15 Jul 2021
State loan In force

On 15 July 2021, the government of Quebec announced supporting the first hybrid-electric propulsion demonstrator plane project that will be developed by Pratt & Whitney Canada. The total budget...

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Updated: 15 Jul 2021
State loan In force

On 15 July 2021, the government of Canada announced providing financial assistance of up to CAD 49 million (USD 39.2 million) to Pratt & Whitney Canada to support the development of the first h...

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