Global Trade Alert
Global Trade Alert

Canada (Quebec): Provincial government provides a loan to the GM-POSCO joint venture

Announcement

29 May 2023

In May 2023, the government of the province of Quebec announced the provision of a CAD 151.87 million (USD 112.38 million) loan to the GM-POSCO joint venture producing cathode active material. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 May 2023

Revocation date:

No revocation date

Updated: 29 May 2023
State loan In force
On 29 May 2023, the government of the province of Quebec announced the provision of a CAD 151.87 million (USD 112.38 million) loan to Ultium CAM, the General Motors (GM)-POSCO Future M joint venture p...
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