Close X
Saturday, September 21, 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

    Justin Trudeau's Should Apologize To Two Excluded Aboriginal Organizations: Tom Mulcair

    Justin Trudeau's Should Apologize To Two Excluded Aboriginal Organizations: Tom Mulcair
    NDP Leader Tom Mulcair wants Justin Trudeau to apologize to a pair of national aboriginal organizations excluded from upcoming discussions on climate change in Vancouver.

    Justin Trudeau's Should Apologize To Two Excluded Aboriginal Organizations: Tom Mulcair

    Ontario May Increase Seniors' Benefit Above What Was Announced In Budget

    Ontario May Increase Seniors' Benefit Above What Was Announced In Budget
    The threshold for senior couples is set to rise from $24,175 to $32,300

    Ontario May Increase Seniors' Benefit Above What Was Announced In Budget

    Toronto Political Scientist Stephen Clarkson Has Died In Germany At Age 78

    Toronto Political Scientist Stephen Clarkson Has Died In Germany At Age 78
      The University of Toronto's political science department, where Clarkson taught for several decades, confirmed he died on Sunday in hospital in Freiburg, Germany.

    Toronto Political Scientist Stephen Clarkson Has Died In Germany At Age 78

    Lion Shot Dead After Escaping Ontario Zoo Enclosure

    Lion Shot Dead After Escaping Ontario Zoo Enclosure
    The incident took place at the Papanack Zoo, east of Ottawa. The facility is currently closed to the public for the winter

    Lion Shot Dead After Escaping Ontario Zoo Enclosure

    New York State Spending Another $500,000 On Campaign To Lure Canadian Tourists

    Canadians account for the largest number of international travellers to New York state, with some 4.2 million visitors annually

    New York State Spending Another $500,000 On Campaign To Lure Canadian Tourists

    Jury Trial Begins For Alberta Couple Charged After Child Dies Of Meningitis

    Jury Trial Begins For Alberta Couple Charged After Child Dies Of Meningitis
    David Stephan, 32, and his wife Collet Stephan, 35, have pleaded not guilty to failing to provide the necessities of life for 19-month-old Ezekiel, who died in March 2012.

    Jury Trial Begins For Alberta Couple Charged After Child Dies Of Meningitis