A closer look at Quebec’s support of Bombardier
In some ways it feels like throwing good money after bad.
October 30, 2015 By CBC News
The same day that Canada’s leading transport manufacturer, Bombardier, announced $5 billion US in losses, Quebec taxpayers have invested more than $1 billion of their own in the company.
And despite a backlash from many Quebecers who think there are better things to do with a cool billion, the Quebec government may have made a smart investment in its future. But as Bombardier goes head to head with the world’s biggest aircraft makers, there’s no question it is a gamble. | READ MORE