Trudeau, Couillard hopeful Ottawa will reach a deal with Bombardier

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

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.

WATCH ABOVE: Bombardier troubles

0:09 ‘I’m never going to leave the table’: Liberals committed to striking deal with Bombardier

• ‘I’m never going to leave the table’: Liberals committed to striking deal with Bombardier
• Why are Liberals reluctant to invest in Bombardier?
• Bombardier job cuts part of larger company restructuring plan: Innovation Minister
• More cuts at Bombardier
• Bombardier announces 2,000 layoffs in Canada
• Metrolinx prepared to pull the plug on Bombardier deal for Crosstown LRT
• Why Edmonton is keeping a close eye on Bombardier’s Toronto problems
• Bombardier cutting another 7,500 jobs
• Bombardier misses deadline on test vehicle delivery for Eglinton Crosstown
• Bombardier delays for Waterloo LRT vehicles now put other projects at risk
• AMT rejects Bombardier trains car bid
• Bombardier scores big deal with Delta but still wants federal funds

Previous Video

Next Video

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.