Quebec premier once again urges Ottawa to invest in Bombardier Inc’s CSeries

, Canada

Quebec Premier Philippe Couillard and Alain Bellemare, president and CEO of Bombardier Inc., listen to speeches at the opening of an aerospace conference, Monday, April 25, 2016 in Montreal.

MONTREAL — The CEO of Bombardier Inc. and the premier of Quebec jointly called for more government investment in the aerospace industry Monday, with Premier Philippe Couillard again urging the federal government to pony up US$1 billion for the CSeries.

Speaking at the Aerospace Innovation Forum in Montreal, Couillard touted his government’s “essential” US$1 billion investment in Bombardier’s CSeries jetliner, for which it received a 49.5 per cent stake in the program.

“We have decided to invest in the CSeries. Why? Because this is by far the largest and most important innovation project in Canada today,” Couillard said.

“Our government decided to partner with the CSeries to unlock the full potential of this aircraft. This partnership was completed for our industry as a whole.”

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