IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
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Inception date: 11 Jun 2018 | Removal date: open ended

Loan guarantee

On 11 June 2018, Export Development Bank Canada (EDC) announced a guarantee for various Canadian exporters (light manufacturing). 

EDC publishes value ranges rather than precise values for the projects it finances. The present project will receive a guarantee amount in the range Can.$50-100 million. Taking the lowest possible amount, in this case, Can.$50 million (approx. U.S.$38.08 million), is our conservative estimate of the guarantee received.

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

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