Losses related to troubled CSeries jets, public dispute over Toronto rail line and a WTO complaint over federal financial assistance.
Money will be handed out over four years to support the Global 7000 and CSeries aircraft projects.
Bombardier says the planes will emit 120,000 tonnes less CO2 over their lifetime than other jets of similar size.
Company expects to delivery just seven CSeries aircraft this year; blames engine supply issues.
Couillard says the program is on track with a pipeline of 370 firm orders.
Passenger jet will begin service July 15.
PM praises the company’s deal with Delta, calling it “great news” for the Canadian aerospace industry.
Price remains a factor in whether the Atlanta-based carrier places an order for the 110- to 160-seat plane.
Quebec premier likens to case to federal support for the auto industry in the past.
Premier says all Canadians benefit from a strong Alberta economy.
Federal Liberals say they are studying the manufacturer’s request for more funding.
Aerospace manufacturer expects to have enough cash to deliver its CSeries jet and develop the Global 7000 business jet.
No specific dollar figure has been requested.
PM tells Canadian Labour Congress the federal government won’t prop up a business on the basis of emotion or politics.
Fred Cromer was most recently president of International Lease Finance Corp., a buyer of commercial aircraft.