Telesat Investment Highlights
Governments of Canada, Ontario and Quebec strongly support
Telesat Lightspeed: ~US$2.6 Billion in aggregate funding¹
Canada
~US$2.1B
+
~US$0.5B
of of
Québec
Ontario
Government financing commitments for Telesat Lightspeed¹
Funding commitments from Governments of Canada and
Ontario to bridge Digital Divide in, respectively, Canada and
Ontario
"As a global leader in the new space economy, Canada is proud to see two domestic champions [Telesat and MDA] join forces on this
flagship Canadian program to create high-skilled jobs and support cutting-edge innovation in the telecom industry, helping unlock economic
and social opportunities in Canada's rural and remote communities.
Canada remains a strong supporter of Telesat Lightspeed and will continue to help solve some of the most pressing challenges we face here
on Earth, from bridging the digital divide, to health, climate change, national security, and more"
- The Hon. François-Philippe Champagne, Min. of Innovation, Science and Industry of Canada
TELESAT.
1 Government financing commitments are subject to a number of conditions, including the conclusion of definitive agreements.
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