Global Trade Alert
Global Trade Alert

Canada: Government announces CAD 20 million in state aid to Foran Mining Corporation to support copper production

Announcement

20 Dec 2024

In December 2024, Canada announced state aid of up to CAD 20 (USD 14) million through the Critical Minerals Infrastructure Fund to support the construction of a hydro transmission line and related infrastructure for Foran Mining Corporation's McIlvenna Bay mine project in Saskatchewan.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Dec 2024

Revocation date:

No revocation date

Updated: 20 Dec 2024
State aid, unspecified In force

On 20 December 2024, the government of Canada, through the Critical Minerals Infrastructure Fund, conditionally approved state aid of up to CAD 20 (USD 14) million for Foran Mining Corporation's Mc...

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