Can you believe this putz !!

LennyR

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What a crock. Western canada should totally tell this jerk off and his province and especially Bombardier to deal with their mismanagement like the rest of us have to . Let em friggen drown and disappear. Heard today when the 220 % tax was announced by Trump , very smart move for Americans , that Ireland was pissed cause they would lose 4000 ish jobs and Conecticutt governor was concerned about all the jobs they would lose ??????? And here us dummies thought we were funding Canadian jobs , always a bunch of bull$hit when it comes to quebec/Bombardier issues . Screw em , let em sink .



The news release :

"Today, Quebec pleaded for the rest of Canada to support Bombardier.

That's right. Premier Couillard in Quebec asked for "national solidarity" for a heavily publicly subsidized company that's cost taxpayers billions of dollars in corporate handouts. He said "It's not about Quebec, it's about Canada too."


But when it comes to Energy East and the $9 billion it would add to the Quebec economy, the $55 billion Energy East is set to add to Canada's economy by 2040, Quebec says no.


It's just hypocritical, and Albertans are sick and tired of it. They're sick of getting ripped off by eastern politicians."
 

arff

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Yes I saw that about the airplane deal.
Bombardier and some deal for planes in the US
Another cash bailout on the way
 

lloydguy

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Pipelines from the west going east should have been done 40 or 50 years ago, any moron
that understands basic math would agree.The east coast importing oil from oversee's and
gasoline from the USA is way beyond stupid.Energy east would help hundreds if not thousands
of company's,but Quebec being Quebec want's Canada to rally behind one company that has
cost the rest of Canada BILLIONS of $ in loss's over and over and over.
The west could have streets paved with gold if we could get back 10% of our money that has
been sent east.
 

Bnorth

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Bombardier has received ~$5B in gov't aid since the mid 1960's, Boeing has received over $13B in just the last 15 years. Fawkin hypocrites trying to pull the same stunt with Airbus too. All countries subsidize their aircraft manufacturing industries.
 

eclipse1966

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bang on Brandon! Canada should not be buying Boeing planes and all orders put on hold until this gets resolved. If anyone thinks Americans don't subsidize their industries has blinders on. Even the US pet food industry gets millions from the US government.

Bombardier has received ~$5B in gov't aid since the mid 1960's, Boeing has received over $13B in just the last 15 years. Fawkin hypocrites trying to pull the same stunt with Airbus too. All countries subsidize their aircraft manufacturing industries.
 

Cdnfireman

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Bombardier has received ~$5B in gov't aid since the mid 1960's, Boeing has received over $13B in just the last 15 years. Fawkin hypocrites trying to pull the same stunt with Airbus too. All countries subsidize their aircraft manufacturing industries.
Quite right. All countries subsidize aerospace industries. The difference is in the amount and type/quality/ desirability of the planes produced. Boeing produces aircraft in high demand in both civil and military circles, from jumbo jets to attack helicopters, and most of the subsidies given to Boeing are for military procurements of new designs eg: C-17 etc.

Bombardier only produces small market commuter planes and executive jets that are usually heavily discounted with small demand.
Bombardier aerospace is a failing company that only exists because it's in Quebec. Not only is it subsidized at a much larger rate per aircraft produced, often its production is bought by the Canadian federal government in order to fudge the balance sheet. The Feds have many times over the years awarded maintenance contracts to bombardier and allowed it to predatory price competitors out of business.
If bombardier was a western Canadian company it would have disappeared decades ago. It can't compete without heavy government assistance and interference in the marketplace, like most other industries in Quebec. Good riddance I say.
 

LennyR

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Very well said, taxpayer assistance for Bombardier only makes sense for Quebec, and in reality , probably not even for all Quebecers. It's existence benefits a very small group of people, and not likely many of us in the West.
 

the_real_wild1

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How else do you think their executives and going to be able to give themselves huge bonuses this year if we don't pay extra taxes????
 

ABMax24

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Quite right. All countries subsidize aerospace industries. The difference is in the amount and type/quality/ desirability of the planes produced. Boeing produces aircraft in high demand in both civil and military circles, from jumbo jets to attack helicopters, and most of the subsidies given to Boeing are for military procurements of new designs eg: C-17 etc.

Bombardier only produces small market commuter planes and executive jets that are usually heavily discounted with small demand.
Bombardier aerospace is a failing company that only exists because it's in Quebec. Not only is it subsidized at a much larger rate per aircraft produced, often its production is bought by the Canadian federal government in order to fudge the balance sheet. The Feds have many times over the years awarded maintenance contracts to bombardier and allowed it to predatory price competitors out of business.
If bombardier was a western Canadian company it would have disappeared decades ago. It can't compete without heavy government assistance and interference in the marketplace, like most other industries in Quebec. Good riddance I say.

I think you underestimate bombardier a little. They have sold 1225 Q400 planes since 1983. And the new C-series looks to be a fierce competitor with the 737 and A319 being $10-20 million less to purchase and burning up to 20% less fuel.

Boeing is really sticking it to them though, a 220% duty is absolutely absurd, but they are just doing whatever they can to maintain market share.
 

Cdnfireman

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I think you underestimate bombardier a little. They have sold 1225 Q400 planes since 1983. And the new C-series looks to be a fierce competitor with the 737 and A319 being $10-20 million less to purchase and burning up to 20% less fuel.

Boeing is really sticking it to them though, a 220% duty is absolutely absurd, but they are just doing whatever they can to maintain market share.

1225 planes over 35 years. Hardly huge production. There's lots of misinformation on both sides out there, too much to get into here, but the fact remains that bombardier is hugely subsidized by the Canadian and Quebec governments, much more than any other company in Canada. Also of note, the biggest components of the plane aren't even built in North America. ( main fuselage-china, wings- Ireland.)
 

Ronaha

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Aren't we force to buy drywall from Quebec among other things that prices are marked way up?
 

ABMax24

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1225 planes over 35 years. Hardly huge production. There's lots of misinformation on both sides out there, too much to get into here, but the fact remains that bombardier is hugely subsidized by the Canadian and Quebec governments, much more than any other company in Canada. Also of note, the biggest components of the plane aren't even built in North America. ( main fuselage-china, wings- Ireland.)

Between all models there have been 5436 units sold in the last 17 years, not a ton but a sizeable portion.

I also hate giving money to a corporation that continually uses it to pay large bonuses to its executives, but I'd rather they use the money to build planes than pay the workers EI if bombardier goes out of business.
 

LennyR

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Between all models there have been 5436 units sold in the last 17 years, not a ton but a sizeable portion.

I also hate giving money to a corporation that continually uses it to pay large bonuses to its executives, but I'd rather they use the money to build planes than pay the workers EI if bombardier goes out of business.

Thats one of the reasons this situation exists and continues. Kinda like our first nations problem in my mind , someday gonna have to stop the monetary bleeding and let em sink or swim. When theres a mindset that the money will always be there , no matter how mismanaged or abused by the leaders or CEO's , it almost seems to become a line in the income side of the budget annually , an expectation . The UI payments will eventually stop , the recipients will weirher get other work , die or move away , Bonbardier will just keep burning through the money , no end in sight. Like all spoiled dependants.
 

Ronaha

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Paying for the French and Natives is going to end one day, with millions of foreigners here now it just doesn't make sence anymore.
 
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