Close X
Monday, November 18, 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

    Woman Ticketed For Driving Snow-Covered Car In South End Halifax

    Woman Ticketed For Driving Snow-Covered Car In South End Halifax
    Halifax police Const. Diane Woodworth says the woman was stopped on Barrington Street on Wednesday because her car was not properly cleared of snow

    Woman Ticketed For Driving Snow-Covered Car In South End Halifax

    Ministers To Put Dollars, Marijuana On Health Agenda With Ottawa

    The ministers say they'll be asking Federal Health Minister Jane Philpott to boost Ottawa's share of health spending to at least 25 per cent of their budgets.

    Ministers To Put Dollars, Marijuana On Health Agenda With Ottawa

    'Homeless Jesus' Statue Being Mistaken For Real Person In Hamilton

    'Homeless Jesus' Statue Being Mistaken For Real Person In Hamilton
    HAMILTON — A statue in the southern Ontario city of Hamilton is getting a lot of attention from paramedics as a recent blast of wintry weather has resulted in calls about a homeless person sleeping on a bench.

    'Homeless Jesus' Statue Being Mistaken For Real Person In Hamilton

    Financial Jolt Assists B.C. Program Training Electric Car Technicians

    Energy and Mines Minister Bill Bennett says the province will provide $50,000 to help certified electricians receive training in the installation and maintenance of charging stations for the cars.

    Financial Jolt Assists B.C. Program Training Electric Car Technicians

    Liberal Tax Changes To Drain About $100Million More Per Year Than Expected: Watchdog

    Since winning the election, the Liberals fulfilled their campaign vow to cut federal income taxes for middle-income earners by raising the rate on the highest-earning Canadians

    Liberal Tax Changes To Drain About $100Million More Per Year Than Expected: Watchdog

    Cases Of Mesothelioma, Deadly Cancer Caused By Asbestos Exposure, On Rise: Statistics Canada

    Cases Of Mesothelioma, Deadly Cancer Caused By Asbestos Exposure, On Rise: Statistics Canada
    Described as a "cruel" disease, mesothelioma is an aggressive cancer that develops in the lining of the lungs as a result of inhaling asbestos dust and fibres.

    Cases Of Mesothelioma, Deadly Cancer Caused By Asbestos Exposure, On Rise: Statistics Canada