Announcement comes as the Montreal-based company reports a $36-million net loss.
Local Unifor president fears more job losses beyond the initial layoffs as the contracts wind down.
Would result in Alberta producers getting better prices for higher volumes of oil.
Rail company wants to build a multibillion-dollar new network of dedicated passenger-rail lines in Ontario and Quebec.
Company is confident Alberta will encourage its as an alternative to delayed new export pipelines.
Deal could reduce competition in the signaling and high-speed train markets.
LRT manufacturer three cars short of the first of 76 to be delivered by Feb. 1.
Deliveries suspended, citing software issues and past problems with springs between the cars and doors weeping oil.
Buy American rules are prompting Bombardier’s plant in Plattsburgh, N.Y., to build the multi-level cars, rather than its facility in Quebec.
Crude-by-rail exports have spiked over the past year amidst a pipeline shortage and a big discount on Western Canadian Select oil.
No Canadian content requirement; the German firm will build the trains at its North American headquarters in California.
The province has already started talks with a third party to buy enough rail cars and locomotives to put two more oil trains a day on the tracks.
Price discounts are costing the Canadian economy as much as $80 million per day.
…but won’t save at least 100 workers from layoffs at the La Pocatiere plant.
Elliot Sander will also oversee all sales and business development activities in the region.