ANNOUNCEMENT 19 Oct 2018

This investment is being made through the Strategic Innovation Fund.

 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 19 Oct 2018 | Removal date: open ended
Still in force

Financial grant

On October 19, 2018 Minister of Innovation, Science and Economic Development Navdeep Bains announced a commitment of up to Can.$49.9 million (US$38.1 million) to ArcelorMittal Canada Inc., a steel producer with plants in Ontario and Quebec. This investment is being made through the Strategic Innovation Fund, a program designed to attract and support high-quality business investments across all sectors of the economy by encouraging R&D that will accelerate the transfer of technology and the commercialization of innovative products, processes and services and will facilitate the growth of innovative firms.

AFFECTED SECTORS