Close X
Monday, November 11, 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

    NDP Caucus Prepares To Meet In Person For First Time Since Election Defeat

    New Democrat MPs will meet face to face in Ottawa on Wednesday for the first time since the party went from the orange crush to the orange crushed.

    NDP Caucus Prepares To Meet In Person For First Time Since Election Defeat

    Statistics Canada Says Trade Deficit Narrows To $1.7 Billion For September

    Statistics Canada Says Trade Deficit Narrows To $1.7 Billion For September
    The result compared with a revised deficit of $2.7 billion in August that was first reported to be $2.5 billion.

    Statistics Canada Says Trade Deficit Narrows To $1.7 Billion For September

    Preliminary Trial Date Set For Ontario Woman Charged After Giving Water To Pigs

    Preliminary Trial Date Set For Ontario Woman Charged After Giving Water To Pigs
    The preliminary hearing for a woman charged with mischief after providing water to pigs en route to a slaughterhouse has been set for the end of November.

    Preliminary Trial Date Set For Ontario Woman Charged After Giving Water To Pigs

    Two Turbaned Sikhs Among Four Indo-Canadians Sworn In As Cabinet Ministers In Canada

    Two Turbaned Sikhs Among Four Indo-Canadians Sworn In As Cabinet Ministers In Canada
    The Punjabi community in Canada made history on Wednesday when two turbaned Sikhs, among four Indo-Canadians, were sworn in as cabinet ministers, as 42-year-old Justin Trudeau took oath as the country's 23rd prime minister at a grand public ceremony here.

    Two Turbaned Sikhs Among Four Indo-Canadians Sworn In As Cabinet Ministers In Canada

    Richmond Councillor Says Vancouver Coastal Health Ignoring Earthquake Danger

    Richmond Councillor Says Vancouver Coastal Health Ignoring Earthquake Danger
    Bill McNulty says studies conducted in 2005 and 2011 found Richmond Hospital could not withstand even a moderate shaker.

    Richmond Councillor Says Vancouver Coastal Health Ignoring Earthquake Danger

    Two Walk Away From Vancouver Island Plane Crash; Vernon Man Dies In Unrelated Collision

    Two Walk Away From Vancouver Island Plane Crash; Vernon Man Dies In Unrelated Collision
    A 36-year-old Vernon man has been identified as the victim of a single vehicle crash on Highway 95 south of Golden in southeastern B.C.

    Two Walk Away From Vancouver Island Plane Crash; Vernon Man Dies In Unrelated Collision