Bombardier aid request still being studied by federal government
Quebec government has already pledged $1.3 billion to help Bombardier complete CSeries
The federal economic development minister says he is continuing to examine the request for financial aid from struggling aerospace giant Bombardier.
Navdeep Bains spoke to reporters near Montreal today and said there isn't a set timetable for a final decision.
- Bombardier's strange chokehold on the public purse
- Bombardier looking for federal help after Quebec's $1B bailout
Bombardier CEO Alain Bellemare asked Ottawa for money late last year.
The request came as the Quebec government pledged $1.3 billion in October to help Bombardier complete the CSeries aircraft line.
Neither party has indicated how much Bombardier is asking of Ottawa, but Prime Minister Justin Trudeau has said he would need to see a solid business plan before injecting federal cash.
Bains says the federal government is well aware of the importance of the aerospace sector — $29 billion to the Canadian economy as well as 180,000 jobs, including about 40,000 centred in the Greater Montreal Area.