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Qu3bec's Investment in Airbus A220 / CSeries Aircraft Has Gone From Over $1 Billion To Nothing
Quebec government decided to writeoff their $1.6 billion investment in the bombardier cseries now under majority control of airbus. (www.fliegerfaust.com) Más...Sort type: [Top] [Newest]
Bombardier created one of the best mid size aircraft currently available and being purchased by a growing number of international airlines. It's demise is largely due to the illegal tariffs imposed by a disfunctional American president to protect the equally disfunctional Boeing corporation from any real or perceived competition. Together, they effectively destroyed Canada's aerospace industry by shutting it out of the US market and scaring off other potential buyers. The self-serving incompetence of the Bombardier family also played a major role in destroying one of the biggest and most progressiver transportation companies in the world in just a few short years.
What do they care, really? All their money comes from siphoning off Alberta's wealth anyway. It's more surprising they didn't just pay the money out and raid Western Canada's kitty one more time.
If we were to add up the total amount of Federal subsidy given to this company over the years, it would water the eyes of ever reader of this thread.
Isn’t that nice the Quebec liberal government writes off $1.6 billion taxpayers dollars for nothing. Typical liberal investment, no return!
Quebec's current government is the CAQ not the Liberals. The $1bn investment was made in 2016, under the previous Liberal Government.
What ever it was the corrupt trudeau liberals who gave them billions and got nothing in return, typical leftwing investment.
Alex, you are just another ignorant right wing hack who never fact checks.
Maybe Airbus can give a free A-380 to Canada for getting such a good deal on the C-Series, then Justin can look to the South and say mine is bigger than yours! You know the Bombardier family will never pay back any loan given by the government?
Our tax money was not wasted and has been repaid in many ways.