Close X
Sunday, November 17, 2024
ADVT 
National

Federal Help For Bombardier Pitched By Premiers Couillard And Wynne

The Canadian Press, 02 Mar, 2016 12:32 PM
    VANCOUVER — The premiers of Canada's two most populous provinces have joined forces to push for federal help for Bombardier's CSeries aircraft.
     
    Quebec Premier Philippe Couillard drew support from his Ontario counterpart in calling for Ottawa to back the airliner, saying the CSeries is important to the Canadian economy.
     
    The province wants the federal government to join it in contributing US$1 billion to the troubled jet program at Bombardier (TSX:BBD.B).
     
    Quebec has secured a 49.5 per cent stake in the CSeries and two of five seats on a separate board after agreeing last October to the financial contribution.
     
    Couillard says he understands it takes time for Ottawa to consider the proposal, but he likened Quebec's case to federal support for the auto industry in the past.
     
     
    Ontario Premier Kathleen Wynne supported Couillard, telling reporters at climate change talks in Vancouver that Bombardier is an important national company.
     
    The Liberal government has said it was continuing to evaluate the request for funding.
     
    The narrow-body CSeries planes, which are two years late and over budget at US$5.4 billion, are set to enter into service in the coming months.

    MORE National ARTICLES

    Rescue Crews Searching For Missing Snowboarder On Cypress Mountain

    Rescue Crews Searching For Missing Snowboarder On Cypress Mountain
    Team leader Mike Danks says the Surrey man was supposed to be back by 2:30 p.m. Friday.

    Rescue Crews Searching For Missing Snowboarder On Cypress Mountain

    Air Canada Flight To Vancouver Diverted To Toronto Due To Pressurization Problem

    The airline says in a Twitter post that Flight AC549 landed without incident and that arrangements were being made for the passengers to continue on to Vancouver on various flights.

    Air Canada Flight To Vancouver Diverted To Toronto Due To Pressurization Problem

    Clayton Stoner's Dad Says He Doesn't Believe 'Cheeky' The Grizzly Bear Existed

    Clayton Stoner's Dad Says He Doesn't Believe 'Cheeky' The Grizzly Bear Existed
    Ken Stoner says in a Facebook post published Thursday that since the news broke almost three years ago, it has been extremely hard on his entire family to listen to "lies" being told.

    Clayton Stoner's Dad Says He Doesn't Believe 'Cheeky' The Grizzly Bear Existed

    5 Snowmobilers Killed In Major Avalanche Near McBride, B.C.: RCMP

    5 Snowmobilers Killed In Major Avalanche Near McBride, B.C.: RCMP
    The slide happened in the Renshaw area east of McBride, which is about 210 kilometres southeast of Prince George. RCMP said three separate groups of snowmobilers were in the area at the time.

    5 Snowmobilers Killed In Major Avalanche Near McBride, B.C.: RCMP

    Kurdi Family Gets A Canadian Welcome With Invite To UBC Varsity Hockey Game

    Kurdi Family Gets A Canadian Welcome With Invite To UBC Varsity Hockey Game
    Tima Kurdi and her extended family have been invited to attend a varsity men's hockey game Friday night at the University of British Columbia.

    Kurdi Family Gets A Canadian Welcome With Invite To UBC Varsity Hockey Game

    Regina Woman Accused In Death Of Girl Says She Ate So Much She Threw Up

    Regina Woman Accused In Death Of Girl Says She Ate So Much She Threw Up
    Tammy Goforth and her husband Kevin are both charged with second-degree murder in the death of the older girl and causing bodily harm to the two-year-old.

    Regina Woman Accused In Death Of Girl Says She Ate So Much She Threw Up