Announcement
29 Jul 2022
In July 2022, Transat secured CAD 100 million (USD 78 million) in bailout funding from the government of Canada.
Source
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 Jul 2022
Revocation date:
No revocation date
Announced: 29 Jul 2022
State loan
In force
On 29 July 2022, the Canadian government announced a debt and equity financing agreement with Transat. The funding is worth CAD 100 million (USD 78 million) and will be provided through the Large Empl...
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Related State Acts
Announced: 30 Jun 2021
Canada: Porter Airlines secures CAD 270 million through the Large Employer Emergency Financing Facility (COVID-19)
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Canada: Sunwing secures CAD 100 million through the Large Employer Emergency Financing Facility (COVID-19)
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