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

    Influential First Nations Group Demands Independent Probe Into Teen's Death

    Influential First Nations Group Demands Independent Probe Into Teen's Death
    The First Nations Leadership Council has sent a letter to Premier Christy Clark urging an immediate independent inquiry into the death of 18-year-old Alex Gervais.

    Influential First Nations Group Demands Independent Probe Into Teen's Death

    TPP: A unique moment in Canadian history unfolds in Atlanta

    TPP: A unique moment in Canadian history unfolds in Atlanta
    In the delicate dance of presenting a major free-trade agreement in the heat of an election campaign, the civil service was determined that it — not politicians — take the lead in describing the deal to Canadians.

    TPP: A unique moment in Canadian history unfolds in Atlanta

    Some Workplaces Catching Jays Fever, Letting Employees Watch First Playoff Games

    Workplaces across Canada are acknowledging that some of their employees have come down with serious cases of Blue Jays fever and are finding ways to provide on-the-job relief.

    Some Workplaces Catching Jays Fever, Letting Employees Watch First Playoff Games

    CIBC Launches Disruptive Technology-driven Services Including Online Lending

    CIBC Launches Disruptive Technology-driven Services Including Online Lending
    The bank is planning to launch a service within the next few weeks that will allow its customers to move money from Canada to 35 different countries for no cost from their phone, their computer or a bank branch.

    CIBC Launches Disruptive Technology-driven Services Including Online Lending

    Child Among Residents In Nanaimo Apartment Where Drug Activity Caused Blast: RCMP

    Child Among Residents In Nanaimo Apartment Where Drug Activity Caused Blast: RCMP
    RCMP say they joined firefighters at the scene at about 9:30 p.m., Tuesday, and that a 19-year-old woman with minor burns was treated in hospital and released.

    Child Among Residents In Nanaimo Apartment Where Drug Activity Caused Blast: RCMP

    Jeep Hits And Kills 22-Year-Old Man At Bus Shelter In Surrey

    Jeep Hits And Kills 22-Year-Old Man At Bus Shelter In Surrey
    Police say a black Jeep was turning left on Fraser Highway when it jumped a curb and hit the shelter.

    Jeep Hits And Kills 22-Year-Old Man At Bus Shelter In Surrey