Author Topic: Bombardier Loans  (Read 55 times)

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Offline Blueblood

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Re: Bombardier Loans
« on: February 08, 2017, 12:52:21 am »
The government has given a repayable loan to Bombardier for $372M, split between the Global business jet project and the C series.  The Conservative government gave similar loans to Bombardier late in their mandate.

Bombardier has a good product, and if they need some help, I'm fine with it.  I wouldn't want to lose all of those high paying, highly educated aerospace jobs.

I don't agree with the bailout loans, pull the plug and let grandma die and let someone else take over the factories that can do it efficiently- Boeing, airbus, etc. 

The factory and robots etc. Aren't goin anywhere, maybe new tenants who can restructure how things run would be good for aerospace in the long run.