Telesat LEO Incorporated

$600,000,000.00 CAD

≈ $14.49 for every person in Canada ≈ 7,754 Canadians' average pay for a year
Department
Innovation, Science and Economic Development Canada
Program
Low Earth Orbit Satellite (LEO) Satellite Capacity Agreement
Recipient country
Canada
Fiscal year
2024-2025
Agreement period
January 15, 2025 – December 31, 2037
Reference
ic:033-2020-2021-Q2-513327

Published purpose

Through this agreement, 140 Gbps of LEO satellite capacity will be dedicated for purchase by Internet Service Providers (ISPs) at a set price per Mbps per month in support of high-speed Internet access in satellite dependent communities and other eligible communities

In plain English AI-generated

This agreement dedicates 140 Gbps of low Earth orbit satellite capacity for purchase by internet service providers at a set price, to support high-speed internet access in satellite-dependent and other eligible communities in Canada.

Category: Infrastructure Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

Community tags

Tags are applied by readers, not by this site. One tag per person per record.

Good value Local impact Needs context Questionable Success story Wasteful
View official source record Imported August 3, 2026 from open.canada.ca Grants & Contributions