Former Quebec Premier Makes Case for Aiding Bombardier

The transcript discusses a company originating from the Eastern Townships, emphasizing the importance of government support for the nautical industry due to high capital costs. It highlights Bombali's significant presence in Canada, particularly in Thunder Bay, and the challenges faced in production. The speaker stresses the company's resilience and the necessity for federal support to maintain its economic contributions and good jobs across Canada.

Why do national governments support the nautical industry?

• Because it is a low-cost industry

• Due to the high capital costs of developing new products

• Because it does not require skilled labor

• To compete with the automotive industry

What is one of the challenges faced by the company in Thunder Bay?

• Lack of skilled workers

• Delays in subway car production

• High transportation costs

• Competition from local businesses

What characteristic does the company have in its DNA?

• Innovation

• Flexibility

• Aggressiveness

• Resilience

What is the speaker's concern regarding the federal government's hesitation?

• It might lead to increased taxes

• It may cause a rise in product prices

• It could affect investor confidence

• It will result in job losses

Why does the speaker believe the Government of Canada should support the company?

• It is the only company in its industry

• To reduce competition

• It provides valuable jobs and economic benefits

• Because it is a new company