Close X
Friday, October 4, 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

    Winnipeg Police Charge Guido Amsel, 49, In Bombing Of Law Firm

    Winnipeg Police Charge Guido Amsel, 49, In Bombing Of Law Firm
    Guido Amsel, 49, has been charged with two counts of attempted murder, one count of aggravated assault and a number of offences related to possessing explosives.

    Winnipeg Police Charge Guido Amsel, 49, In Bombing Of Law Firm

    Haze From B.C. Fires Makes Day Look Like Sunset, Others Forced To Flee

    Haze From B.C. Fires Makes Day Look Like Sunset, Others Forced To Flee
    The B.C. Wildfire Service says gusty winds and drought conditions are hampering efforts to contain dozens of wildfires in the province.

    Haze From B.C. Fires Makes Day Look Like Sunset, Others Forced To Flee

    Winnipeg Police Warn Justice Officials To Watch Their Mail For Next Day Or So

    Winnipeg police investigating the bombing of a law firm say if there are any more suspicious packages in the mail they will likely be found in the next day or so.

    Winnipeg Police Warn Justice Officials To Watch Their Mail For Next Day Or So

    Flood Mitigation, Infrastructure On The Agenda As PM Harper, Rachel Notley Meet In Calgary

    Flood Mitigation, Infrastructure On The Agenda As PM Harper, Rachel Notley Meet In Calgary
    CALGARY — Alberta Premier Rachel Notley says she plans to bring up flood mitigation with Prime Minister Stephen Harper during a meeting in Calgary.

    Flood Mitigation, Infrastructure On The Agenda As PM Harper, Rachel Notley Meet In Calgary

    Extradition Hearing Set In New Brunswick For U.S. Man Accused Of Murder

    Extradition Hearing Set In New Brunswick For U.S. Man Accused Of Murder
    James Daniel Ball is accused of killing William Ball on April 22 in Camden County, North Carolina.

    Extradition Hearing Set In New Brunswick For U.S. Man Accused Of Murder

    Ottawa Softens Anti-Corruption Rules For Companies Seeking Government Work

    Ottawa Softens Anti-Corruption Rules For Companies Seeking Government Work
    MONTREAL — Ottawa has softened its anti-corruption rules, reducing the penalties for companies that are seeking government work after being convicted of bribery, money laundering and other offences.

    Ottawa Softens Anti-Corruption Rules For Companies Seeking Government Work