Global Trade Alert
Global Trade Alert

Canada: Conuma Resources secures CAD 120 million through the Large Employer Emergency Financing Facility (COVID-19)

Announcement

21 Oct 2020

In October 2020, Conuma Resources secured CAD 120 million (USD 91.2 million) in Covid-19-related 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

21 Oct 2020

Revocation date:

No revocation date

Announced: 21 Oct 2020
State loan In force
On 21 October 2020, Conuma Resources Limited (Conuma) entered into a debt and equity financing agreement with the Canadian federal government. The funding is worth CAD 120 million (USD 91.2 million) a...
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