Announcement
30 Jun 2021
In April 2021, Porter Airlines secured CAD 270 million (USD 216 million) in Covid-19-related bailout funding from the government of Canada.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
30 Jun 2021
Revocation date:
No revocation date
Announced: 30 Jun 2021
State loan
In force
On 30 June 2021, the Canadian government announced a debt and equity financing agreement with Porter Airlines. The funding is worth CAD 270 million (USD 216 million) and will be provided through the L...
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Related State Acts
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Canada: Transat secured CAD 100 million through the Large Employer Emergency Financing Facility (COVID-19)
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Canada: Porter Airlines secures CAD 270 million through the Large Employer Emergency Financing Facility (COVID-19)
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