Leitao: Trudeau Should Make Up Mind on Bombardier Aid

The video discusses the significant trade relationship between Canada and the US, highlighting concerns over protectionist sentiments in the US election. It emphasizes the integrated nature of North American manufacturing and the potential impact of protectionism. The video also explores Quebec's proactive market interventions, using Bombardier as a case study, and contrasts this with the federal government's cautious approach.

What is the significance of the Canada-U.S. trade relationship?

• It is only significant for the U.S.

• It is only significant for Canada.

• It is the largest bilateral trade relationship in the world.

• It is the smallest bilateral trade relationship in the world.

How does the North American manufacturing sector operate?

• It only includes Canada and the U.S.

• It is highly integrated across Canada, the U.S., and Mexico.

• It is completely independent in each country.

• It excludes Mexico.

What is the Quebec government's approach to market intervention?

• They take equity positions in strategic companies.

• They provide subsidies without taking equity.

• They avoid any form of market intervention.

• They only intervene in foreign markets.

Why did Quebec take an equity position in Bombardier?

• To provide subsidies.

• To sell it to a foreign investor.

• To close the company.

• To become a partner and support its marketing efforts.

What is the federal government's stance on market intervention compared to Quebec?

• They are more proactive than Quebec.

• They have been reluctant to take similar actions.

• They only intervene in the technology sector.

• They frequently take equity positions in companies.