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

    Quebec's Top Court Accepts Guy Turcotte's Challenge Of Parole Eligibility

    Quebec's Top Court Accepts Guy Turcotte's Challenge Of Parole Eligibility
    Quebec's top court will hear the appeal of a former doctor who stabbed his children to death and was ordered to spend at least 17 years behind bars before seeking release.

    Quebec's Top Court Accepts Guy Turcotte's Challenge Of Parole Eligibility

    Calgary Council Revisits Fluoride Debate After Study Showing Increased Problems

    Mayor Naheed Nenshi says people should petition for a plebiscite in the 2017 municipal election on the issue of putting fluoride back into the water.

    Calgary Council Revisits Fluoride Debate After Study Showing Increased Problems

    Alberta Opposition Wants Probe Into Notley's Role At Ontario NDP Fundraiser

    Alberta Opposition Wants Probe Into Notley's Role At Ontario NDP Fundraiser
    The Opposition says it is asking the ethics commissioner to look into Notley's involvement, because it raises questions around impartiality and the selling of access.

    Alberta Opposition Wants Probe Into Notley's Role At Ontario NDP Fundraiser

    Mastercard Planning To Roll Out 'Selfie Pay' In Canada This Summer

    Mastercard Planning To Roll Out 'Selfie Pay' In Canada This Summer
    After a pilot project in the Netherlands, the payment card company says it plans to roll out the technology in Canada, the U.S. and parts of Europe.

    Mastercard Planning To Roll Out 'Selfie Pay' In Canada This Summer

    Uber Got Complaints About Kalamazoo Suspect's Driving

    Ride-hailing company Uber received a complaint about erratic driving by Jason Dalton Saturday night, but says it never could have predicted the violent acts Dalton allegedly committed.

    Uber Got Complaints About Kalamazoo Suspect's Driving

    Canadian Teenager Dies After Pearl Harbor Helicopter Crash

    Canadian Teenager Dies After Pearl Harbor Helicopter Crash
    Two family members remain hospitalized in stable condition. Another was treated and released

    Canadian Teenager Dies After Pearl Harbor Helicopter Crash