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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