Feds to Invest in Bombardier

Feds to Invest in Bombardier
A Bombardier C Series 100 taxis to the runway prior to a demonstration flight in Mirabel, Quebec. The Canadian Press/Graham Hughes
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MONTREAL—The federal government investing in aerospace giant Bombardier is not a matter of if but how, Innovation Minister Navdeep Bains said Tuesday.

“We want to be a partner,” Bains said after announcing up to $54 million in funds for a Bombardier-led aerospace-research consortium.

“We want to find a solution and we want to continue to make meaningful investments. We want to be a partner, we are at the table, we want to find a solution.”

We want to set up the company for long-term success.
Navdeep Bains, Minister of Innovation, Science, and Economic Development