Global Trade Alert
Global Trade Alert

Canada: Xanadu Quantum Technologies secures a CAD 40 million investment from the Strategic Innovation Fund

Announcement

23 Jan 2023

In January 2023, the government of Canada announced the provision of a CAD 40 million (USD 29.92 million) loan to Xanadu Quantum Technologies.  

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

23 Jan 2023

Revocation date:

No revocation date

State loan In force

On 23 January 2023, the Prime Minister of Canada Justin Trudeau announced an investment of CAD 40 million (USD 29.92 million) into Xanadu Quantum Technologies's project. The investment will be provide...

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