Announcement
14 Aug 2023
In August 2023, the government of the province of Quebec as well as Investissement Quebec announced an investment of CAD 65 million (USD 48.01 million) in total to Lantic for the modernisation of the sugar refining facility.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
14 Aug 2023
Revocation date:
No revocation date
Updated: 14 Aug 2023
State loan
In force
On 14 August 2023, Investissement Quebec announced the provision of a CAD 25 million (USD 18.47 million) loan to Lantic. Lantic is a Canadian sugar refining company producing both cane and beet sugar....
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Updated: 14 Aug 2023
State aid, unspecified
In force
On 14 August 2023, the government of Quebec announced an investment of CAD 40 (USD 29.54 million) million into Lantic through the ESSOR programme administered by Investissement Quebec. The type of fin...
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