Bombardier shaken by corruption allegations in Sweden

News

As Bombardier’s Swedish office is rocked by allegations of collusion, Prime Minister Justin Trudeau says that Canadian companies operating abroad must operate in good faith, but that the case shouldn’t affect Ottawa’s recent $372.5-million loan to the company to fund the CSeries and Global 7000 projects.

Canada puts curbs on companies whose directors are found guilty of wrongdoing, but Desautels Associate Professor Karl Moore says that the chances of that are slim in this case, so Bombardier’s ability to win government contracts should still be secure.

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