Bombardier

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Listen Up, O'Leary: Democracy Doesn't Fit On A Spreadsheet

Kevin O'Leary premiers his new reality show this weekend -- an all-too real show, in fact. The man who made a name for himself as the loudest and most offensive cast member of the Dragon's Den reality TV show will be testing the waters at the Conservative Party convention this weekend for a possible leadership bid. He would be a terrible leader. Terrible for the Conservatives and terrible for the national debate in this country. Being offensive and insensitive to the very real needs and wishes of Canadians is not leadership and it's certainly not prime ministerial.
DR

Don't Dismiss Support For Bombardier As 'Corporate Welfare'

As debate about federal support for the biggest player in Canada's aerospace industry, Bombardier, has heated up over the last few months, critics have come forward to say that investing in Bombardier would be a mistake, and that the company should be left to sink or swim on its own. They couldn't be more wrong.
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Actually, Bombardier Is Not A 'Proven Winner'

Progressive economist Jim Stanford invites us to reimagine Bombardier's demand for another taxpayer handout as an exciting opportunity for an "equity investment." In his view, focusing on the usual metrics for businesses -- such as "does the company make money?" or "can it actually sell the products it makes?" -- is evidence of a dangerous affliction he refers to as "market fundamentalism."
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Canada Has An Innovation Problem

Canada is a vast country with ample resources, however political and economic machinery in this country are not open enough to create true and genuine marketplace for disruptive ideas. Cultural, artistic and intellectual innovation form the foundation of innovative economies. No nation can stay competitive and economically advanced while stagnating culturally and intellectually. Innovation requires taking risk and being open to new ideas. The biggest obstacles in the way of innovation in Canada are regressive and closed institutions.
CP

The Federal Budget Must Stimulate The Economy

Ever since Federal Finance Minister Bill Morneau announced Monday that the federal deficit would top $18.4 billion, all the familiar voices of right wing commentators, Bay Street analysts and Conservative politicians have made their all-too predictable calls for budget cuts and curtailed spending. They couldn't be more wrong. Now, in fact, is the time for some strategic spending to get the economy going, even if it means increasing the federal deficit when the budget is handed down on March 22.
CP

Liberals Mull A Bombardier Bailout

LONGUEUIL, Que. — The federal economic development minister says he is continuing to examine the request for financial aid from struggling aerospace giant Bombardier Inc. Navdeep Bains spoke to report...
Bombardier

More Taxpayer Money For Bombardier? Just Say No, Mr. Trudeau

Over the last 50 years, Bombardier has received $2.2 billion in federal government assistance -- of which Industry Canada advises only $543 million has been repaid. In short, if history is any guide, Bombardier is far more likely to be calling on taxpayers again shortly with its hands outstretched, than to actually mature into a bonafide competitive business.
Handout

We Need A National Aerospace Policy

The Aerospace sector in this country is 76 000 direct jobs in 700 companies, including 200 in Quebec. This is a major sector with which the government must work with so that we may resist the rise of China, India, Brazil and Russia. All these countries support their domestic industry, why not us?