Announcement
01 Feb 2021
In February 2021, Sunwing Vacations Inc. and Sunwing Airlines Inc. secured CAD 375 million (USD 291.75 million) in total in Covid-19-related bailout funding from the government of Canada.
Source
Sign in to access
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Feb 2021
Revocation date:
No revocation date
Updated: 01 Feb 2021
State loan
In force
On 1 February 2021, Sunwing Vacations and Sunwing Airlines entered into a financing agreement with the Canadian federal government. The funding is worth CAD 375 million (USD 291.75 million) and it wil...
Sign in to see more
Related State Acts
29 Jul 2022
Canada: Transat secured CAD 100 million through the Large Employer Emergency Financing Facility (COVID-19)
30 Jun 2021
Canada: Porter Airlines secures CAD 270 million through the Large Employer Emergency Financing Facility (COVID-19)
25 Jun 2021
Canada: Sunwing secures CAD 100 million through the Large Employer Emergency Financing Facility (COVID-19)
29 Apr 2021
Canada: Transat secures CAD 700 million through the Large Employer Emergency Financing Facility (COVID-19)
01 Feb 2021
Canada: Sunwing Vacations Inc. and Sunwing Airlines Inc. secure CAD 375 million through the Large Employer Emergency Financing Facility (COVID-19)
21 Oct 2020
Canada: Conuma Resources secures CAD 120 million through the Large Employer Emergency Financing Facility (COVID-19)
25 Sep 2020
Canada: Gateway Casinos & Entertainment Limited secures CAD 200 million through the Large Employer Emergency Financing Facility (COVID-19)
11 May 2020
Canada: The government launches the Large Employer Emergency Financing Facility (COVID-19)
Threads
See all
This state act is not part of any Thread yet.