Close X
Monday, November 11, 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

    Uber In Alberta Says It Will Shut Down Tuesday Unless Province Agrees To Changes

    Uber In Alberta Says It Will Shut Down Tuesday Unless Province Agrees To Changes
    The manager for Uber in Alberta says the ride-sharing app will cease operating in the province on Tuesday unless the provincial government makes insurance and licensing changes.

    Uber In Alberta Says It Will Shut Down Tuesday Unless Province Agrees To Changes

    Canadian Taxpayers Federation Blasts MPs For Voting To Increase Office Budget

    Canadian Taxpayers Federation Blasts MPs For Voting To Increase Office Budget
     The Canadian Taxpayers Federation is criticizing the federal government for quietly approving a hefty increase to MPs' office budgets.

    Canadian Taxpayers Federation Blasts MPs For Voting To Increase Office Budget

    To Kill Or Not To Kill? OSPCA Seeks To Destroy 21 Alleged Fighting Dogs

    To Kill Or Not To Kill? OSPCA Seeks To Destroy 21 Alleged Fighting Dogs
    Twenty-one alleged fighting dogs sit in a kennel in an undisclosed location somewhere in Ontario, where they'll remain until a court decides whether they live or die.

    To Kill Or Not To Kill? OSPCA Seeks To Destroy 21 Alleged Fighting Dogs

    Polar Bear Encounters With Humans On The Rise, More Put In Churchill Jail

    Polar bear activity reports from the past three years show the number of documented cases in Churchill has jumped from 229 in 2013 to 351 last year.

    Polar Bear Encounters With Humans On The Rise, More Put In Churchill Jail

    B.C. Forestry Company To Suspend Operations For One Day After Workplace Death

    B.C. Forestry Company To Suspend Operations For One Day After Workplace Death
    TimberWest Forest Corp. spokeswoman Monica Bailey said an equipment operator was killed Friday afternoon at the company's Bonanza Lake site near Port McNeill.

    B.C. Forestry Company To Suspend Operations For One Day After Workplace Death

    Canadians Gather In B.C. To Demand Safe Passage To Europe For Syrian Refugees

    Canadians Gather In B.C. To Demand Safe Passage To Europe For Syrian Refugees
    A choir sings hymns of peace on a downtown Vancouver beach while a small dinghy gently coasts ashore and a dozen people in life jackets, including a young boy, alight onto the sand.

    Canadians Gather In B.C. To Demand Safe Passage To Europe For Syrian Refugees