Friday, June 19, 2026
ADVT 
National

Federal Help For Bombardier Pitched By Premiers Couillard And Wynne

The Canadian Press, 02 Mar, 2016 12:32 PM
    VANCOUVER — The premiers of Canada's two most populous provinces have joined forces to push for federal help for Bombardier's CSeries aircraft.
     
    Quebec Premier Philippe Couillard drew support from his Ontario counterpart in calling for Ottawa to back the airliner, saying the CSeries is important to the Canadian economy.
     
    The province wants the federal government to join it in contributing US$1 billion to the troubled jet program at Bombardier (TSX:BBD.B).
     
    Quebec has secured a 49.5 per cent stake in the CSeries and two of five seats on a separate board after agreeing last October to the financial contribution.
     
    Couillard says he understands it takes time for Ottawa to consider the proposal, but he likened Quebec's case to federal support for the auto industry in the past.
     
     
    Ontario Premier Kathleen Wynne supported Couillard, telling reporters at climate change talks in Vancouver that Bombardier is an important national company.
     
    The Liberal government has said it was continuing to evaluate the request for funding.
     
    The narrow-body CSeries planes, which are two years late and over budget at US$5.4 billion, are set to enter into service in the coming months.

    MORE National ARTICLES

    15th Suspect In Alleged Pedophile Ring Surrenders To Police In Montreal

    15th Suspect In Alleged Pedophile Ring Surrenders To Police In Montreal
    The charge sheet against Giroux, 32, indicates he has a Toronto address.

    15th Suspect In Alleged Pedophile Ring Surrenders To Police In Montreal

    Actress Sarah Dunsworth The Final Crown Witness At Jian Ghomeshi's Sexual Trial

    Actress Sarah Dunsworth The Final Crown Witness At Jian Ghomeshi's Sexual Trial
     "Trailer Park Boys" actress Sarah Dunsworth has been identified as the final Crown witness at Jian Ghomeshi's sexual assault trial.

    Actress Sarah Dunsworth The Final Crown Witness At Jian Ghomeshi's Sexual Trial

    Pride Flag Found Burned At UBC During Annual LGBTQ Celebration

    Pride Flag Found Burned At UBC During Annual LGBTQ Celebration
    the university condemned the incident as an act of hate that violated the school's deeply held values of equity, inclusion and respect.

    Pride Flag Found Burned At UBC During Annual LGBTQ Celebration

    Manufacturing's Rebound Faces 'Significant' Structural Hurdles: Federal Memo

    Manufacturing's Rebound Faces 'Significant' Structural Hurdles: Federal Memo
    In a recent memo addressed to Economic Development Minister Navdeep Bains, advisers point to industry hurdles that include low productivity, poor innovation, a failure to scale up and weak participation in global value chains.

    Manufacturing's Rebound Faces 'Significant' Structural Hurdles: Federal Memo

    Manitoba Changes How It Counts Kids In Care To Exclude Cases Like Tina Fontaine

    WINNIPEG — Manitoba is changing how it counts the number of children in its care to exclude hundreds of cases such as Tina Fontaine's amid concerns it is being unfairly compared to other provinces.

    Manitoba Changes How It Counts Kids In Care To Exclude Cases Like Tina Fontaine

    CPP Fund Delivers 4.5% Return On Investments In Quarter Ended Dec. 31

    CPP Fund Delivers 4.5% Return On Investments In Quarter Ended Dec. 31
    The CPP Investment Board says the funds it manages for the Canada Pension Plan delivered a 4.5 per cent return, after costs, in the final three months of 2015.

    CPP Fund Delivers 4.5% Return On Investments In Quarter Ended Dec. 31