Close X
Tuesday, September 24, 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

    Mom Seeks Justice For Teen Daughter Carly Fraser After B.C. Refuses To Review 19-Year-Old's Suicide

    Mom Seeks Justice For Teen Daughter Carly Fraser After B.C. Refuses To Review 19-Year-Old's Suicide
    Carly Fraser died 20 hours and 35 minutes after turning 19.

    Mom Seeks Justice For Teen Daughter Carly Fraser After B.C. Refuses To Review 19-Year-Old's Suicide

    Winnipeg Community Activist Michael Redhead Champagn Recognized As Future Leader By Time Magazine

    Winnipeg Community Activist Michael Redhead Champagn Recognized As Future Leader By Time Magazine
    Michael Redhead Champagne, the 28-year-old founder of Aboriginal Youth Opportunities, is featured in an online video and in Time's international print edition.

    Winnipeg Community Activist Michael Redhead Champagn Recognized As Future Leader By Time Magazine

    CJ Fowler: Video Shows Damien Taylor Exhibiting Normal Behaviour Despite His Testimony

    Five minutes of video from the Greyhound depot in Kamloops, B.C., showed Taylor sitting at the door, doing little but looking in his backpack.

    CJ Fowler: Video Shows Damien Taylor Exhibiting Normal Behaviour Despite His Testimony

    Lawsuit Launched Over Fire On Historic Street That Destroyed Downtown New Westminster Building

    Lawsuit Launched Over Fire On Historic Street That Destroyed Downtown New Westminster Building
    The Oct. 10, 2013 fire on Columbia Street destroyed several buildings and businesses including the E.L. Lewis building — which belonged to one family for more than a century.

    Lawsuit Launched Over Fire On Historic Street That Destroyed Downtown New Westminster Building

    Manitoba Child-Welfare System In Crisis And A 'National Disgrace:' Critic

    Manitoba Child-Welfare System In Crisis And A 'National Disgrace:' Critic
    Cora Morgan, who is the First Nations children's advocate, says kids are being taken from their families without proper assessments.

    Manitoba Child-Welfare System In Crisis And A 'National Disgrace:' Critic

    David Milgaard Says Presumption Of Innocence For Accused Has Vanished

    David Milgaard Says Presumption Of Innocence For Accused Has Vanished
    A man who spent 23 years in prison for a murder he didn't commit says he is still troubled to see how the public reacts to news stories about crime.

    David Milgaard Says Presumption Of Innocence For Accused Has Vanished