# Canadian government invests $112.6mn in EVRAZ steel facilities

The Government of Canada announced a C$40 million investment in a $112.6 million project for EVRAZ North America to upgrade its steel facilities in Regina, Saskatchewan and Red Deer, Alberta. The project will create 35 jobs and maintain over 2,100 jobs.

- Type: Investment
- Announced: 2020-05-16
- Where: Regina, Saskatchewan and Red Deer, Alberta, Canada
- Value: $84.0M (112.6M CAD)
- Jobs: 35
- Status: announced
- Products: oil country tubular goods (OCTG)
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [EVRAZ North America](https://endata.com/companies/24011.md)
- [Government of Canada](https://endata.com/companies/1351.md) (investor)

## Sources

- [manufacturingdigital.com](https://manufacturingdigital.com/lean-manufacturing/government-canada-invests-more-dollar100mn-support-steel-workers), 2020-05-16: "Our investment in EVRAZ will help strengthen the competitiveness of Regina's steel plant for years to come, maintain Canada's position in the global market and support middle-class jobs for Canadians."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.