Close X
Saturday, November 16, 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

    Victoria Basketball Team Suspended For The Season After Bullying Incident

    Victoria Basketball Team Suspended For The Season After Bullying Incident
    An indecent photo shows one member of the Oak Bay Secondary junior boys' basketball team posing with another player

    Victoria Basketball Team Suspended For The Season After Bullying Incident

    B.C.'s Top Civil Servant To Retire In Minor Public Service Shakeup

    B.C.'s Top Civil Servant To Retire In Minor Public Service Shakeup
    VICTORIA — British Columbia's top civil servant is headed for retirement.

    B.C.'s Top Civil Servant To Retire In Minor Public Service Shakeup

    'A Matter Of Seconds': Driver Tells Of Escape As Dump Truck Fell From Ferry In Newfoundland

    'A Matter Of Seconds': Driver Tells Of Escape As Dump Truck Fell From Ferry In Newfoundland
    Dump truck driver Dean Snow narrowly escaped Monday night as his vehicle fell into the frigid Atlantic from a poorly docked ferry in northeastern Newfoundland. 

    'A Matter Of Seconds': Driver Tells Of Escape As Dump Truck Fell From Ferry In Newfoundland

    CTV News In Halifax Charged With Violating Publication Ban On Youths' Identity

    CTV News In Halifax Charged With Violating Publication Ban On Youths' Identity
    Halifax Regional Police say they received a complaint Aug 25, alleging the two youths had appeared on the six o'clock news the previous night in a clip showing them leaving a courthouse.

    CTV News In Halifax Charged With Violating Publication Ban On Youths' Identity

    Halifax Coast Guard, Military Staffers Charged After International Drug Probe

    Halifax Coast Guard, Military Staffers Charged After International Drug Probe
    The RCMP allege the pair used their positions to gain access to information for criminal intent.

    Halifax Coast Guard, Military Staffers Charged After International Drug Probe

    Teenage Hockey Player Charged With Assault Over On-Ice Incident: Ottawa Police

    Teenage Hockey Player Charged With Assault Over On-Ice Incident: Ottawa Police
    A police spokesman says the incident occurred Nov. 8, 2015 during a game in Stittsville, Ont., and was reported to police the next month.

    Teenage Hockey Player Charged With Assault Over On-Ice Incident: Ottawa Police