Approved Loans (LETL)
Major beneficiaries of LETL
2025 -Algoma Steel Inc
- Loan amount approved: $400 million
- Term: 7 years
- Warrants: 5,415,162
2025 - Arctic Canadian Diamond Company Ltd. (Burgundy Diamond Mines)
- Loan amount approved: $175 million
- Term: 7 years
- Warrants: 1,110,424,472
2026 - C.A.T. North America Inc
- Loan amount approved: $90 million
- Term: 7 years
2026 - Gestion Rémabec Inc (Arbec, Bois d’œuvre Inc.)
- Loan amount approved: $60 million
- Term: 7 years
2026 - Millar Western Forest Products Ltd.
- Loan amount approved: $100 Million
- Term: 7 years