Prime Minister Justin Trudeau said negotiations with Bombardier Inc. are going well but he’s not saying if the two sides are close to a deal.
READ MORE: Bombardier still looking for federal cash despite improving financial position
He made the comments next to Quebec Premier Philippe Couillard Friday as the two attended an unrelated funding announcement in Montreal.
READ MORE: Bombardier signs deal to operate Montreal’s AMT network
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The prime minister said the conversations are positive and that the federal government is still trying to determine the best way to help the transportation giant, which wants US$1 billion from Ottawa.
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Couillard added he is confident Ottawa will reach a deal with the Montreal-based company.
READ MORE: Bombardier delivers first CSeries CS300 aircraft to Latvian carrier
On Thursday, Bombardier (TSX:BBD.B) said it is still looking for federal financial assistance despite forecasting strong earnings growth in 2017.
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