Global Trade Alert
Global Trade Alert

Canada: Federal and provincial support to STEMCELL Technologies

Announcement

25 Apr 2018

The federal subsidy was provided under the Strategic Innovation Fund, a program designed to attract and support high-quality business investments by encouraging R&D that will accelerate technology transfer and commercialization of innovative products, processes and services and facilitate the growth of innovative firms.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

25 Apr 2018

Revocation date:

No revocation date

Financial grant In force

On April 25, 2018 Minister of Innovation, Science and Economic Development Navdeep Bains announced a Can.$22.5 million (U.S.$17.3 million) investment in biotechnology company STEMCELL Technologies to ...

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Financial grant In force

The province of British Columbia supplemented this support for STEMCELL Technologies with Can.$22.5 million (U.S.$17.3 million) of its own.

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