Quebec rules out more Bombardier aid amid reports company looking for investors

Click to play video: 'Premier Couillard visits Bombardier plant in Mirabel' Premier Couillard visits Bombardier plant in Mirabel
WATCH ABOVE: Concerned employees at Bombardier got a visit from the premier in September. Elysia Bryan-Baynes reports – Sep 28, 2017

The Quebec government is ruling out any further aid for Bombardier Inc. amid reports the company is looking for investors and considering selling aerospace assets.

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Economy Minister Dominique Anglade says the province has already done more than its fair share in terms of investing in the aerospace sector.

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The government invested US$1 billion in 2016 for a 49.5 per cent stake in Bombardier’s CSeries commercial jet program.

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Anglade said Monday she welcomes news that other players might be interested in investing in Bombardier (TSX:BBD.B).

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But Anglade, who is also now deputy premier, says the government will not get involved in Bombardier’s Q400 turboprop or CRJ regional jet programs.

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Federal Economic Development Minister Navdeep Bains told reporters at the same event Ottawa has shown a long-standing commitment to the aerospace sector.

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