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

    Richmond Condo Owner Against Mandarin-Only Council Meetings Wants Official Languages Law

    Richmond Condo Owner Against Mandarin-Only Council Meetings Wants Official Languages Law
    Andreas Kargut lives in a 54-unit townhouse complex in Richmond, where he served on various council positions between 2005 and 2014.

    Richmond Condo Owner Against Mandarin-Only Council Meetings Wants Official Languages Law

    Barn Fire Kills 70 Cows In Southwestern Ontario

    Barn Fire Kills 70 Cows In Southwestern Ontario
    Police say a large fire tore through a barn in Brockton around 9 p.m. Wednesday that destroyed 50 cows and 20 calves, with damage estimated at $500,000.

    Barn Fire Kills 70 Cows In Southwestern Ontario

    Windsor, Ont., Man Fined $2000, Given Probation, For Smuggling Turtles In His Pants

    Windsor, Ont., Man Fined $2000, Given Probation, For Smuggling Turtles In His Pants
    During an inspection at the Niagara border crossing on June 11, 2014, Canada Border Services Agency officials discovered 38 turtles strapped to Yan's legs.

    Windsor, Ont., Man Fined $2000, Given Probation, For Smuggling Turtles In His Pants

    B.C. Vehicle Owner Denies Liability In Whistler Crash That Killed Two Cyclists, Passenger

    B.C. Vehicle Owner Denies Liability In Whistler Crash That Killed Two Cyclists, Passenger
     The owner of a vehicle that allegedly struck and killed two cyclists out for a weekend ride north of Whistler, B.C., denies having given the driver permission to use her car.

    B.C. Vehicle Owner Denies Liability In Whistler Crash That Killed Two Cyclists, Passenger

    Almost-Balanced Nunavut Budget Focuses On Health, Supports

    Almost-Balanced Nunavut Budget Focuses On Health, Supports
    Finance Minister Keith Peterson says the territory expects a tiny deficit of $3.9 million on total spending of $1.7 billion.

    Almost-Balanced Nunavut Budget Focuses On Health, Supports

    Accused Winnipeg Letter Bomber Loses Bid For Out-Of-Province Judge

    Accused Winnipeg Letter Bomber Loses Bid For Out-Of-Province Judge
    Guido Amsel is accused of sending letter bombs to his former wife and two law offices last July.

    Accused Winnipeg Letter Bomber Loses Bid For Out-Of-Province Judge