Global Trade Alert
Global Trade Alert

Canada: State of Quebec invests CAD 400 million to support Telesat

Announcement

18 Feb 2021

On 18 February 2021, the state of Quebec invested CAD 400 million (approx. USD 315.7 million) to support Telesat Lightspeed.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Feb 2021

Revocation date:

No revocation date

Updated: 18 Feb 2021
Equity stake In force

On 18 February 2021, the state of Quebec invested CAD 200 million (approx. USD 157.8 million) in equity to support Telesat. The investment aims to support Telesat in building a satellite network. I...

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Updated: 18 Feb 2021
State loan In force

On 18 February 2021, the state of Quebec invested CAD 200 million (approx. USD 157.8 million) in a loan to support Telesat. The state loan initiative aims to support Telesat to build a satellite ne...

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