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

    Inquest Set To Begin Into Death Of 7-Year-Old Toronto Girl Killed By Her Guardians

    Inquest Set To Begin Into Death Of 7-Year-Old Toronto Girl Killed By Her Guardians
    Seven years after Katelynn Sampson's small, battered body was discovered in a Toronto apartment, a coroner's inquest will investigate just what allowed the little girl to be beaten to death by her legal guardians.

    Inquest Set To Begin Into Death Of 7-Year-Old Toronto Girl Killed By Her Guardians

    Heavy Police Presence At Montreal-Area Funeral For Hells Angels Member

    Heavy Police Presence At Montreal-Area Funeral For Hells Angels Member
    Officers from multiple police forces were on alert Saturday afternoon as around 300 people gathered east of Montreal for the funeral of a man who police have linked to the Hells Angels.

    Heavy Police Presence At Montreal-Area Funeral For Hells Angels Member

    Canada's Environment Minister Catherine Mckenna Attends Climate Change Talks In Paris

    Canada's Environment Minister Catherine Mckenna Attends Climate Change Talks In Paris
    PARIS — Canada's new environment minister is in Paris taking part in talks with counterparts from a host of countries to lay the groundwork for this month's global climate change summit.

    Canada's Environment Minister Catherine Mckenna Attends Climate Change Talks In Paris

    Diwali Fireworks Allowed In Mississauga Now

    Diwali Fireworks Allowed In Mississauga Now
    Till now, city by-laws allowed fireworks only on Canada Day, New Year's Day and Victoria Day.

    Diwali Fireworks Allowed In Mississauga Now

    Mother Of Canadian Soldier Killed Fighting Islamic State Is Waiting To Bring Her Son's Body Home

    Mother Of Canadian Soldier Killed Fighting Islamic State Is Waiting To Bring Her Son's Body Home
    The mother of a Canadian who was killed while fighting the Islamic State said she doesn't know when she'll be able to bring her son's body home.

    Mother Of Canadian Soldier Killed Fighting Islamic State Is Waiting To Bring Her Son's Body Home

    Police Looking For Indo-Canadian Man For SkyTrain Sexual Assault

    Police Looking For Indo-Canadian Man For SkyTrain Sexual Assault
    Metro Vancouver Transit Police are asking for the public’s help in identifying a suspect in a sexual assault on the SkyTrain.

    Police Looking For Indo-Canadian Man For SkyTrain Sexual Assault