Bombardier secures controversial state loan - Deutsche Welle

The Canadian government has announced it's providing a big loan to Bombardier to help the company push ahead with two of its crucial jet programs. Brazil believes the loan may violate WTO competition rules. Bombardier CS300 (Getty Images/AFP/E.

Bombardier to get £225m loans from Canadian government - BBC News

Canada's federal government has announced a loan package of 372.5m Canadian dollars (£225m) for two of Bombardier's jet projects. The aerospace company is based in Canada but is Northern Ireland's largest manufacturing employer with around 5,000 ...

Canada Pledges $282 Million in Aid for Bombardier's Marquee Jets - Bloomberg

Canada's government will provide C$372.5 million ($282 million) in support for Bombardier Inc. to help fund two jet programs including the C Series, the single-aisle plane that competes with Boeing Co. and Airbus Group SE products. About a third of the ...

Feds to give Bombardier $372.5M in loans - www.norfolknews.ca/

Bombardier CEO Alain Bellemare steps off of a model of a Global 7000 jet before making a press conference in Montreal on Tuesday, February 7, 2017. THE CANADIAN PRESS/Paul Chiasson. next play/pause pre 1/1. MONTREAL — The federal government ...

Canada federal government to grant $372.5 mn loan to Bombardier - Yahoo News

Montreal (AFP) - The Canadian government provided a Can$372.5 million (US$282.7 million) loan to Bombardier, far less than the plane manufacturer had hoped to obtain as it seeks to resolve financial difficulties. The four-year advance serves to support ...

Ottawa helps Bombardier shore up financial position with $372.5-million cash infusion - The Globe and Mail

Bombardier Inc. has landed $372.5-million in federal aid, a cash infusion that will help the company's aerospace programs but falls far short of the $1-billion it initially sought from Ottawa. The bulk of the money, which comes in the form of a ...

Feds $372M loan to Bombardier 'disappointing,' critics say - CBC.ca

Bombardier is getting a boost of $372.5 million from the federal government in the form of a loan, but critics — both in Quebec and in the rest of Canada — are calling it a "disappointment." Federal government to give $372.5M in loans to Bombardier ...

UPDATE 2-Canada gives aid to Bombardier, vows to defend any trade dispute - Reuters

MONTREAL Feb 7 The Canadian government on Tuesday announced C$372.5 million ($283 million) in repayable loans for two of Bombardier Inc's jet programs, promising to defend the deal against a potential trade challenge by Brazil. While the aid was far ...

Canada Offers Financial Aid to Bombardier, Less Than Requested - Wall Street Journal

The Canadian government offered a financial-aid package to Bombardier Inc. on Tuesday as the high-profile manufacturer works to ramp up sales of its struggling CSeries aircraft. After more than a year of negotiations, the Liberal government said it ...

Ottawa Provides Bombardier With $282M In Repayable Support - Aviation Week

Canada's federal government is to provide Bombardier with C$372.5 million ($282.4 million) in repayable support for its Global 7000 business jet and C Series airliner programs. The deal follows more than a year of negotiations in the hope that Ottawa ...

Keeping Canada at forefront of global leadership in aerospace sector - eTurboNews

The Government of Canada is committed to keeping Canada at the forefront of global leadership in the aerospace sector. The aerospace industry is one of the most innovative industries in Canada, and it provides over 211,000 quality jobs for Canadians ...

Federal government to give $372.5M in loans to Bombardier - CBC.ca

The federal government says it will provide $372.5 million in interest-free loans to Bombardier, a move that elicited criticism even though it is far less than the transportation giant originally sought more than a year ago. The money will be handed ...

Canadian to give hundreds of millions in loans to Bombardier - WTOP

MONTREAL (AP) — The Canadian government says it will give Bombardier $372.5 million Canadian (US$285 million) in repayable loans over four years to support two aircraft projects. The plane maker has been appealing for US$1 billion in federal ...

Federal Liberal government to prop up Bombardier with $372 million in loans - 640 Toronto News

The federal government will give Bombardier $372 million in repayable loans, according to a source who requested anonymity because they weren't authorized to speak on the matter. Several cabinet ministers including Innovation Minister Navdeep Bains ...

Ottawa giving $372 million in loans to Bombardier - Montreal Gazette

The Canadian government will loan Bombardier Inc. $372.5 million over the next four years to help fund research and development of its new Global 7000 business jet and its CSeries line of aircraft. The announcement was applauded by the Quebec ...

UPDATE 2-Canada to announce C$372 mln aid to Bombardier -source - Reuters

MONTREAL Feb 7 The Canadian government will announce an aid package for Bombardier Inc later on Tuesday, although a source familiar with the matter said the amount would be far less than the plane-maker had requested. The assistance from the ...

Media Advisory - Minister Bains to make aerospace announcement - The Province

OTTAWA, Feb. 7, 2017 /CNW/ - The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, will make an aerospace-related announcement at Bombardier in Dorval. Minister Bains will be accompanied by the Honourable ...

Feds to provide Bombardier $372.5M in repayable loans - BNN

Canada's federal government on Tuesday announced $372.5 million in repayable loans for two of Bombardier Inc's (BBDb.TO 1.16%) jet programs, far less than the US$1 billion originally sought by the Canadian plane and train maker. The loans come from a ...

Feds to make 'aerospace-related announcement' at Bombardier office in Montreal - Truro Daily News

MONTREAL — The federal government says it will make what it's describing as an "aerospace-related announcement" this evening at a Bombardier facility in Montreal. Several cabinet ministers including Innovation Minister Navdeep Bains and Transport ...

Canada to announce aid package for Bombardier -source - Reuters

OTTAWA Feb 7 The Canadian government will announce an aid package for plane-maker Bombardier Inc later on Tuesday, a source familiar with the matter said. Canadian Innovation Minister Navdeep Bains was scheduled to make an aerospace-related ...