Close X
Thursday, November 14, 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

    Newfoundland Woman Loses $100 Tim Hortons Prize To Social Media 'Friend'

    Newfoundland Woman Loses $100 Tim Hortons Prize To Social Media 'Friend'
    Margaret Coward won the gift card in the coffee chain's Roll Up The Rim contest last Friday. But when she attempted to redeem the prize online about 45 minutes later, it had already been claimed. 

    Newfoundland Woman Loses $100 Tim Hortons Prize To Social Media 'Friend'

    Vancouver Ranked Top North American City In Quality Of Life Survey

    Vancouver is once again ranked the top city in North America in the latest annual quality of living survey released Tuesday by consulting firm Mercer.

    Vancouver Ranked Top North American City In Quality Of Life Survey

    Girl Stabs 6 Students, 2 Teachers At Suburban Toronto High School In Pickering, Ont.

    Girl Stabs 6 Students, 2 Teachers At Suburban Toronto High School In Pickering, Ont.
    Police say the girl was taken into custody and two people were transported to hospital for treatment, although none of the injuries were considered grave.

    Girl Stabs 6 Students, 2 Teachers At Suburban Toronto High School In Pickering, Ont.

    Coquitlam Mayor Richard Stewart Wears Same Suit To Every Meeting For 15 Months As Social Experiment

    Coquitlam Mayor Richard Stewart Wears Same Suit To Every Meeting For 15 Months As Social Experiment
    Richard Stewart revealed his social experiment on Sunday in a Facebook post.

    Coquitlam Mayor Richard Stewart Wears Same Suit To Every Meeting For 15 Months As Social Experiment

    Former Miss America Contestant, 24, Dies In Car Crash

    Former Miss America Contestant, 24, Dies In Car Crash
    McCollum, a former Miss New Jersey, was critically injured after her car spun off a New Jersey highway and crashed into trees

    Former Miss America Contestant, 24, Dies In Car Crash

    Winnipeg Man Who Beheaded Fellow Bus Passenger Seeks Looser Restrictions, Wants To Live On His Own

    Winnipeg Man Who Beheaded Fellow Bus Passenger Seeks Looser Restrictions, Wants To Live On His Own
    The man who beheaded a fellow passenger on a Greyhound bus in Manitoba has changed his name and is seeking more freedom

    Winnipeg Man Who Beheaded Fellow Bus Passenger Seeks Looser Restrictions, Wants To Live On His Own