Close X
Friday, November 15, 2024
ADVT 
National

Justin Trudeau Extols Virtues Of Bombardier Cseries As Government Ponders Aid

Darpan News Desk The Canadian Press, 24 Mar, 2016 11:38 AM
    TORONTO — Prime Minister Justin Trudeau is extolling the virtues of Bombardier's CSeries plane as the federal government decides whether to offer as much as US$1 billion to the company to help it sell the aircraft.
     
    Trudeau was in Toronto, where he called the CSeries passenger jet "an exceptional airplane" that shows off Canada's innovation and manufacturing skills to the world.
     
    He declined to say whether the government has set a deadline on its decision to give aid to Bombardier, but repeatedly said it would be in the best interest of Canadians.
     
     
    Some have expressed concerns about the wisdom behind giving public money to Bombardier (TSX:BBD.B), which has had trouble selling the CSeries.
     
    The Quebec government already promised last fall that it will give US$1 billion to support the Montreal company.

    MORE National ARTICLES

    Wind, Ice And Freezing Rain Cut Power To Thousands In Quebec And Eastern Ontario

    Wind, Ice And Freezing Rain Cut Power To Thousands In Quebec And Eastern Ontario
    Hydro-Quebec reported 180,000 customers were without electricity as of 11:15 a.m. Thursday, while Hydro-One said 22,000 people had no power in Ontario, mostly in the eastern part of the province.

    Wind, Ice And Freezing Rain Cut Power To Thousands In Quebec And Eastern Ontario

    Toronto Zoo Polar Bear Cub Born On Remembrance Day 2015 Named Juno

    Toronto Zoo Polar Bear Cub Born On Remembrance Day 2015 Named Juno
    The name commemorates the beach in northern France where Canadian troops landed as part of the Second World War D-Day invasion in June 1944.

    Toronto Zoo Polar Bear Cub Born On Remembrance Day 2015 Named Juno

    Keeping An Eye On More Than Baby; Baby Monitor Video Leads Police Theft Suspects

    Keeping An Eye On More Than Baby; Baby Monitor Video Leads Police Theft Suspects
    York Regional Police say a home in Richmond Hill, Ont., was broken into on Dec. 19, 2015, and the incident was captured on video by a baby monitor.

    Keeping An Eye On More Than Baby; Baby Monitor Video Leads Police Theft Suspects

    Victoria Homeless Camp Stages Block Party On Planned Eviction Day

    Victoria Homeless Camp Stages Block Party On Planned Eviction Day
    The party got off to a rough start this morning as police cars arrived with sirens blaring to investigate a disturbance at one of the tents within the camp.

    Victoria Homeless Camp Stages Block Party On Planned Eviction Day

    Hiding Bankrupt Toronto Property Flip 'Fraudulent Misrepresentation,' Ontario Court Rules

    In upholding a lower court decision, the Court of Appeal found Ahmed Baig had deliberately misled the company handling the bankruptcy by failing to alert them to the resale.

    Hiding Bankrupt Toronto Property Flip 'Fraudulent Misrepresentation,' Ontario Court Rules

    Two Lanes To Open On Nipigon River Bridge In Northern Ontario

    Two Lanes To Open On Nipigon River Bridge In Northern Ontario
    The steel decking on the recently built Nipigon River Bridge lifted about 60 centimetres on Jan. 10, which forced a 24-hour closure that severed the link between east and west.

    Two Lanes To Open On Nipigon River Bridge In Northern Ontario