Global Trade Alert
Global Trade Alert

Canada: Federal and Quebec governments announce a CAD 644 million investment in a battery material plant in Bécancour

Announcement

17 Aug 2023

In August 2023, the federal government of Canada and the government of the province of Quebec announced a CAD 644 million (USD 476.01 million) investment in the construction of EcoPro CAM Canada's battery material production facility. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Aug 2023

Revocation date:

No revocation date

Updated: 17 Aug 2023
State aid, unspecified In force
On 17 August 2023, the government of Quebec announced the financial support of CAD 322 million (USD 238 million) to EcoPro CAM Canada LP for the construction of a battery material production plant in ...
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Updated: 17 Aug 2023
State loan In force
On 17 August 2023, the federal government of Canada announced the financial support of CAD 322 million (USD 238 million) to EcoPro CAM Canada LP for the construction of a battery material production p...
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