National

Ottawa investing $300M in Pratt and Whitney to help jet engine development

Darpan News Desk The Canadian Press, 08 Dec, 2014 10:46 AM

MISSISSAUGA, Ont. — Ottawa has announced a $300-million investment in Pratt and Whitney Canada to help the company develop and build the next generation of jet engines.

The government says the money will help support nearly 1,500 jobs over the next five years.

Industry Minister James Moore and Infrastructure Minister Denis Lebel made the announcement at company facillities in Mississauga, Ont., and Longueuil, Que., where much of the work will be done.

The contribution by the government is a $300-million repayable contribution through its Strategic Aerospace and Defence Initiative.

Pratt and Whitney Canada employs 6,000 in Canada.

The company is building the new geared turbo fan engines that are being used on Bombardier's CSeries aircraft which is undergoing flight tests.

Prev Next

MORE National ARTICLES

Today on the Hill: Mayors, councillors wrap annual lobbying effort

OTTAWA — Municipal leaders wind up their annual advocacy trip to Parliament Hill today, after three days of lobbying their federal counterparts.

Today on the Hill: Mayors, councillors wrap annual lobbying effort

Ontario Passes Bill To Cut Auto Insurance Premiums An Average Of 15 Per Cent

TORONTO - The Ontario legislature has passed a bill aimed at reducing car insurance premiums an average of 15 per cent by next August.

Ontario Passes Bill To Cut Auto Insurance Premiums An Average Of 15 Per Cent

Ex-Liberals in Senate offer legal arguments for missing, murdered women inquiry

OTTAWA — Former Liberals in the Senate are offering up ready-made legal arguments to anyone willing to take the federal government to court in order to force a national inquiry into missing and murdered aboriginal women and girls.

Ex-Liberals in Senate offer legal arguments for missing, murdered women inquiry

Canada, U.S. And Mexico Jointly Recall Graco Baby Strollers And Travel Systems

TORONTO — Health Canada has announced the recall of a brand of baby strollers because a folding hinge on the products poses a risk to children's fingers.

Canada, U.S. And Mexico Jointly Recall Graco Baby Strollers And Travel Systems

Rogers Heart Research Centre Created With $239m In Funding From Family, Hospitals

TORONTO — The family of late media mogul Ted Rogers has donated $130 million to help fund a Toronto-based medical research centre in his name.

Rogers Heart Research Centre Created With $239m In Funding From Family, Hospitals

Ottawa skipped internal study on $550M job credit, relied on interest group

OTTAWA — The Harper government passed up conducting its own internal analysis on the job-creation potential of its $550-million small-business job credit, relying instead on numbers produced by an interest group, the finance minister revealed Wednesday.