Global Trade Alert
Global Trade Alert

Canada: EDC supports a commercial transaction carried out by Magna International Inc in March 2023

Announcement

06 Mar 2023

In March 2023, the Export Development Bank of Canada (EDC) approved financial support for Magna International Inc for a transaction within Canada.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Mar 2023

Revocation date:

No revocation date

Updated: 06 Mar 2023
State loan In force
On 6 March 2023, Canada's export credit agency Export Development Canada (EDC) approved a state loan for Magna International Inc for a commercial transaction within Canada. For the present transaction...
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