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

    Prime Minister Justin Trudeau Donates His Sketch To Museum Fundraiser

    Prime Minister Justin Trudeau Donates His Sketch To Museum Fundraiser
    Trudeau drew the image of the Canadian Museum For Human Rights after visiting the Winnipeg building last spring.

    Prime Minister Justin Trudeau Donates His Sketch To Museum Fundraiser

    Make it a Fun and Adventurous Family Day!

    Make it a Fun and Adventurous Family Day!

    There’s lots going around this Family Day. From special offers to exciting events, here&rsq...

    Make it a Fun and Adventurous Family Day!

    Christy Clark Meets Justin Trudeau, Says B.C.'s Economic Engine Needs Cash From Ottawa

    Christy Clark Meets Justin Trudeau, Says B.C.'s Economic Engine Needs Cash From Ottawa
    Clark says Ottawa should also put cash into the George Massey tunnel replacement project on the southern edge of Vancouver because the route moves billions of dollars of goods across Canada and into overseas markets

    Christy Clark Meets Justin Trudeau, Says B.C.'s Economic Engine Needs Cash From Ottawa

    Convicted Animal Killer From New Westminster Granted Unescorted Leave From Halfway House

    Convicted Animal Killer From New Westminster Granted Unescorted Leave From Halfway House
    She must wear a GPS tracking device and have permission from her parole officer.

    Convicted Animal Killer From New Westminster Granted Unescorted Leave From Halfway House

    Quebec Man Mathieu Roy Gets 57-month Sentence For Sexually Assaulting Teen Girls

    Quebec Man Mathieu Roy Gets 57-month Sentence For Sexually Assaulting Teen Girls
    Mathieu Roy had initially pleaded not guilty but changed his plea today and was sentenced by Quebec court Judge Guylaine Tremblay

    Quebec Man Mathieu Roy Gets 57-month Sentence For Sexually Assaulting Teen Girls

    Guinness World Records Not Reviewing Claim Montreal Woman Is 120 Years Old

    Guinness World Records Not Reviewing Claim Montreal Woman Is 120 Years Old
    The family of Cecilia Laurent says she turned 120 years old on Jan. 31, and had said Guinness was looking into that claim.

    Guinness World Records Not Reviewing Claim Montreal Woman Is 120 Years Old