Close X
Thursday, September 26, 2024
ADVT 
National

PM Says Bombardier Must Make A Business Case If It Wants Federal Aid

Darpan News Desk The Canadian Press, 10 Nov, 2015 11:57 AM
    OTTAWA — If Montreal-based aerospace manufacturer Bombardier Inc. needs federal money to aid its CSeries jet project, it'll have to make a "strong business case," Prime Minister Justin Trudeau told a meeting of labour leaders Tuesday.
     
    Trudeau was responding to questions at a closed-door Canadian Labour Congress gathering in Ottawa — the first time a sitting prime minister has addressed the country's biggest labour body in more than 50 years.
     
    He told the CLC's Canadian council that his government won't prop up a business on the basis of emotion or politics, sources inside the room disclosed.
     
    Trudeau did, however, characterize Bombardier as a high-value manufacturer in the same league as the auto sector, which received government money to help it get through the 2008 recession.
     
    "There's no question that high-value manufacturing is going to be an extremely important part of Canada for years to come. Aerospace is a great example of that, as is the auto sector and others," Trudeau told the gathering.
     
    "How we can best invest and support that kind of manufacturing needs to be done responsibly and with our eyes open, and not just based on emotion or politics or symbols," he said.
     
    "There has to be a strong business case. We're going to make sure that decision is taken based on what is in the best interest of Canadians, writ large."
     
    The Quebec government said last month it would invest $1 billion in the CSeries in return for a near 50 per cent stake in the project.
     
    Since then, the province has been lobbying Ottawa to match the contribution.
     
     
    The project has saddled the company with debt, forcing it to into a struggle to raise cash in order to keep it afloat.
     
    Transport Minister Marc Garneau, who represents a Quebec constituency, has said Bombardier has not formally approached the government about possible federal aid.
     
    Trudeau's comments about Bombardier came as no surprise, said CLC president Hassan Yussuff.
     
    "I think Bombardier's got a good, strong argument regarding the business case," Yussuff said after the prime minister spoke.
     
    "Bombardier's got a large footprint across this country in terms of jobs and community and I think it's very important to maintain that."
     
    The last time a prime minister appeared in front of the Canadian Labour Congress was when John Diefenbaker spoke at the organization's 1958 convention.
     
    Trudeau was loudly applauded when he told Tuesday's meeting of more than 120 labour leaders that his government will fulfill the Liberal campaign promise to repeal Bills C-377 and C-525 — the former Conservative government's anti-union legislation.
     
    Trudeau said he recognizes that "labour is not a problem, but a solution."
     
     
    The prime minister also welcomed a pledge from the CLC to help in dealing with climate change and the Syrian refugee crisis.
     
    "We have more than 130 labour councils and 25,000 union locals in communities across Canada and we’ve made it clear to the prime minister that we want to do our part in helping his government meet its goal to welcome and resettle 25,000 Syrian refugees to Canada," said Yussuff.

    MORE National ARTICLES

    Police Investigating Possible Cases Of Animal Cruelty In Fredericton

    Police Investigating Possible Cases Of Animal Cruelty In Fredericton
    "The cat's head was resting on her front paws as if she was sound asleep. It was definitely posed that way," Nixon said Tuesday from his home in Fredericton.

    Police Investigating Possible Cases Of Animal Cruelty In Fredericton

    Harper Promises Dairy Industry Will Be Protected In Any Pacific Trade Deal

    Harper Promises Dairy Industry Will Be Protected In Any Pacific Trade Deal
    The long-awaited 12-country Trans-Pacific Partnership is shaping up to be a dominant theme on the campaign trail this week, with speculation rampant that a deal is finally taking shape.

    Harper Promises Dairy Industry Will Be Protected In Any Pacific Trade Deal

    Depression, No Support Cited At Inquest Into Deaths Of Mother And Autistic Son

    Depression, No Support Cited At Inquest Into Deaths Of Mother And Autistic Son
    The hearing began Monday examining the April 3, 2014 death of severely autistic 16-year-old Robert Robinson and the suicide of his 39-year-old mother, Angie Robinson.

    Depression, No Support Cited At Inquest Into Deaths Of Mother And Autistic Son

    Dream Of Playing In Football Game Comes True For Boy With Cerebral Palsy

    Dream Of Playing In Football Game Comes True For Boy With Cerebral Palsy
    Mark Sulymka is the coach of the Griffins Atom team, and he heard all about Logan Tonge from his regular players who have gone to school with him since kindergarten.

    Dream Of Playing In Football Game Comes True For Boy With Cerebral Palsy

    CBC wins International news Emmy award for Ebola coverage in Liberia

    CBC wins International news Emmy award for Ebola coverage in Liberia
    More than 11,280 people have been reported to have died worldwide from Ebola, according to data released by the World Health Organization earlier this month.

    CBC wins International news Emmy award for Ebola coverage in Liberia

    Medical Marijuana Seems To Help Chronic Pain Patients, Appears To Be Safe: Study

    Medical Marijuana Seems To Help Chronic Pain Patients, Appears To Be Safe: Study
    Dr. Mark Ware, the Montreal pain specialist who led the national study, says medical cannabis appears to have a reasonable safety profile when taken by patients who are experienced users.

    Medical Marijuana Seems To Help Chronic Pain Patients, Appears To Be Safe: Study