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

    Punjab To Re-Introduce Board Exams For Classes 5, 8

    Punjab To Re-Introduce Board Exams For Classes 5, 8
    Education Minister Daljeet Singh Cheema said various stakeholders were consulted while taking the decision in the larger interest of the students.

    Punjab To Re-Introduce Board Exams For Classes 5, 8

    Jian Ghomeshi Emails Reveal Growing Importance Of 'Digital Debris' To Trials

    Jian Ghomeshi Emails Reveal Growing Importance Of 'Digital Debris' To Trials
    The unearthing of 13-year-old emails in an attempt to discredit a woman accusing Jian Ghomeshi of sexual assault underscores the growing importance of "digital debris" in criminal and civil trials, experts say.

    Jian Ghomeshi Emails Reveal Growing Importance Of 'Digital Debris' To Trials

    Years After Homeless Man's Death, New Sobering Centre Planned In Vancouver

    Years After Homeless Man's Death, New Sobering Centre Planned In Vancouver
    Health officials in Vancouver are planning a new "sobering centre" seven years after it was recommended by an inquiry into the death of a severely intoxicated homeless man, but some advocates and family members say it still falls short.

    Years After Homeless Man's Death, New Sobering Centre Planned In Vancouver

    New System To Release Census Data Faces Uncertain Future Over Delays

    An $18-million project to make it easier to sort through reams of data from the coming census has been beset by delays and uncertainty that the three-year project will be done on time.

    New System To Release Census Data Faces Uncertain Future Over Delays

    India's Cultural Influences Reflect In Its Cuisine: Canadian Chef David Rocco

    India's Cultural Influences Reflect In Its Cuisine: Canadian Chef David Rocco
    Having visited India five times in the last three years for a total of 26 weeks, Italian-Canadian chef David Rocco feels that the country is his "second home"

    India's Cultural Influences Reflect In Its Cuisine: Canadian Chef David Rocco

    Vancouver Police Caution Drug Users After Spike In Overdose Deaths

    Police say the spike is concerning because three people typically die each week from drug overdoses

    Vancouver Police Caution Drug Users After Spike In Overdose Deaths