Bombardier is poised to receive a boost in funding for its C Series and Global 7000 jet programs.
Bombardier Receives $282 Million Investment from Canada
Key Takeaways:
- Bombardier will receive $282 million (CAD $372.5 million) in interest-free loans over four years from the Canadian government to support its C Series and Global 7000 jet programs.
- Brazil and competitor Embraer have initiated a World Trade Organization challenge, questioning if Canada's funding for Bombardier violates international trade rules, a claim Canada denies.
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