News

The Bombardier loan is good business

Published: 13 February 2017

Though Ottawa’s $372.5 million loan to Bombardier is causing a commotion in some quarters, Desautels Associate Professor Karl Moore says that a plane like the CSeries is a rare thing in Canadian business in that it’s a truly global, export-oriented product. Though there need to be limits, Professor Moore calls the loan “table stakes” for an aerospace industry that wants to compete in the big leagues with the likes of Embraer, Airbus and Boeing. Planes take years and cost billions to make, and though the Global 7000 is still in development, the CSeries is already a profitable success.

Read full article: Global News, CBC, February 9, 2017 

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