IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Mar 2017 | Removal date: open ended
Still in force

Financial grant

On March 13, 2017 Minister of Innovation, Science and Economic Development Navdeep Bains announced a subsidy of up to Can.$20 million (U.S.$15.4 million) to support clean energy projects at the pre-commercialization stage. This investment, part of a joint initiative that includes matching funds from the province of British Columbia, will help companies with innovative projects at the prototype, field testing and demonstration stages.

The investments include a Can.$10 million (U.S.$7.7 million) non-repayable contribution to the Automotive Fuel Cell Cooperation (AFCC), a Burnaby-based joint venture with Germany’s Daimler AG and Ford Motor Company. Through this joint venture, AFCC is developing new fuel cell modules to be used in automotive applications.

The second project is led by Canfor Pulp Products Inc., a leading global producer of pulp and paper products. The Can.$13 (U.S.$10 million) million non-repayable contribution through SDTC will enable Canfor to further develop and demonstrate a technology that will take what is a currently a waste product from its production processes and develop it into a biofuels product.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

321 Pulp, paper & paperboard
4701 Mechanical wood pulp.
470100 Mechanical wood pulp.
464 Accumulators, primary cells & primary batteries; parts
8506 Primary cells and primary batteries.
850650 Lithium

Please report this page in case you detect an inaccuracy in its content.