Ottawa “must” invest in Bombardier: Beatty
The head of the Canadian Chamber of Commerce has added his voice to calls from the business community for financial aid from Ottawa to help struggling Bombardier Inc.
February 26, 2016 By The Globe and Mail
In an open letter released to The Globe and Mail Tuesday, Perrin Beatty and Michel Leblanc, chief of the Metropolitan Montreal Board of Trade, say the federal government “MUST invest in Bombardier” and argue that the resulting losses from a shutdown of Bombardier’s C Series new-jet program would “cost Canadian taxpayers more than the assistance being called for.”
Navdeep Bains, the federal Minister of Innovation, Science and Economic Development, said on Tuesday the government is still studying the “business case” for an investment. | READ MORE