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

    B.C. Man Charged With Animal Cruelty After Dog's Collar Embedded In Neck

    B.C. Man Charged With Animal Cruelty After Dog's Collar Embedded In Neck
    The SPCA responded to a call last February about a tethered young pit-bull cross in distress on Daniel Elliott's property near Ladysmith, B.C.

    B.C. Man Charged With Animal Cruelty After Dog's Collar Embedded In Neck

    RCMP Credit Horn-honking Homeowner For Halting Thefts In Salmon Arm, B.C.

    RCMP Credit Horn-honking Homeowner For Halting Thefts In Salmon Arm, B.C.
    SALMON ARM , B.C. — A Salmon Arm, B.C., man didn't need a cellphone to call for help as he chased robbers from his home when a lower-tech method proved just as effective, and a lot noisier.

    RCMP Credit Horn-honking Homeowner For Halting Thefts In Salmon Arm, B.C.

    Death Toll Now At 2: Worker Badly Burned In Alberta Oilsands Explosion Dies

    Death Toll Now At 2: Worker Badly Burned In Alberta Oilsands Explosion Dies
    The critically injured man had been transported to the burn unit at an Edmonton hospital, where his family from Nova Scotia stayed by his side.

    Death Toll Now At 2: Worker Badly Burned In Alberta Oilsands Explosion Dies

    Justin Trudeau May Regret Resource Industry Comments Made In Davos: B.C. Mines Minister

    Justin Trudeau May Regret Resource Industry Comments Made In Davos: B.C. Mines Minister
    Bill Bennett says Trudeau may come to regret saying in a speech that Canada amounts to not just the resources under Canadians' feet but rather their resourcefulness and what lies between their ears.

    Justin Trudeau May Regret Resource Industry Comments Made In Davos: B.C. Mines Minister

    Military Reserve Running 19 Per Cent Under Strength As Part-Timers Bail

    Military Reserve Running 19 Per Cent Under Strength As Part-Timers Bail
    The numbers were released in federal departmental performance reports for the last budget year, which also show the military's medical branch has 367 unfilled positions — both uniformed and civilian.

    Military Reserve Running 19 Per Cent Under Strength As Part-Timers Bail

    New Documents Offer Little Insight On UBC President Arvind Gupta's Resignation

    The university has released 861 pages of documents in response to a series of Access to Information requests, including meeting agendas, receipts, emails and the terms of Gupta's resignation.

    New Documents Offer Little Insight On UBC President Arvind Gupta's Resignation