IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jun 2015 | Removal date: open ended
Still in force

Financial grant

On April 28, 2015, Industry Minister James Moore announced details of the new Automotive Supplier Innovation Program (ASIP). This program is outlined in Economic Action Plan 2015, and under consideration by the Parliament. The ASIP is expected to provide $100 million in contributions to automotive suppliers over five years, starting in 2015.
 
This new program is designed to fill a gap between early-stage basic research and pre-commercial development. Eligible activities will include prototype development, process engineering, and pre-commercial product testing and validation. Each company is eligible to receive up to $10 million over the term of the program and will require a minimum of 20 percent from a partner that is a small or medium enterprise.
 
The Government of Canada began accepting applications for contributions under the ASIP in June, 2015.
 
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

491 Motor vehicles, trailers & semi-trailers; parts
8702 Motor vehicles for the transport of ten or more persons, including the driver.
870210 With compressionignition internal combustion piston engine (diesel or semidiesel)
870290 Other
8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
870310 Vehicles specially designed for travelling on snow; golf cars and similar vehicles
870321 Of a cylinder capacity not exceeding 1,000 cc
870322 Of a cylinder capacity exceeding 1,000 cc but not exceeding 1,500 cc
870323 Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc
870324 Of a cylinder capacity exceeding 3,000 cc
870332 Of a cylinder capacity exceeding 1,500 cc but not exceeding 2,500 cc
870333 Of a cylinder capacity exceeding 2,500 cc
870390 Other

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