Wings Magazine

Feds bring in consultants to evaluate Bombardier deal

The federal government has brought in advisers, including an American investment bank, to help analyze the feasibility of a $1-billion (U.S.) aid package to aerospace giant Bombardier Inc.

March 18, 2016  By The Globe and Mail

“We have hired outside consultants to help us,” a senior government official told The Globe and Mail. “They are looking at due diligence, of course, and what would be the nature of the deal that we could put forward.”

The official would not disclose the names of the consultants. However, sources said the government has retained Wall Street investment bank Morgan Stanley to advise on the Bombardier aid. | READ MORE


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