Announcement
11 Jul 2024
In July 2024, the government of Canada announced state aid to Strathcona Resources to support a carbon capture and sequestration infrastructure in Alberta and Saskatchewan.
Source
Sign in to access
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
11 Jul 2024
Revocation date:
No revocation date
Updated: 11 Jul 2024
Tax or social insurance relief
In force
On 11 July 2024, the government of Canada announced tax relief to Strathcona Resources Ltd to support a carbon capture and sequestration (CCS) infrastructure project on the company's oil sands...
Sign in to see more
Updated: 11 Jul 2024
State loan
In force
On 11 July 2024, the Canada Growth Fund (CGF) announced CAD 500 million (USD 365.64 million) to support Strathcona Resources' development of carbon capture and sequestration (CCS) in...
Sign in to see more
Related State Acts
26 Jun 2024
Canada: Canada Growth Fund announces its 5th investment with Markham District Energy Inc
20 Jun 2024
Canada: Clean Technology and Carbon Capture, Utilisation and Storage tax credits enter into force
11 Jun 2024
Canada: Government supports Varme Energy Inc's project through Canada Growth Fund
25 Mar 2024
Canada: Government announces a CAD 50 million investment in Idealist Capital through the Canada Growth Fund
20 Dec 2023
Canada: Government supports Entropy Inc's carbon capture and storage project through the Canada Growth Fund
25 Oct 2023
Canada: Government provides CAD 90 million to Eavor Technologies Inc through the Canada Growth Fund
Threads
See all
This state act is not part of any Thread yet.