
Canadian Market Movers
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The TSX reached a year high following Birchcliff's acquisition deal, with analysts raising target prices. Potash Corp saw a boost after a favorable deal with China, despite a general decline in potash prices. Bombardier faced challenges at the Farnborough Air Show, with no new orders announced, risking a loss of momentum. The company also confirmed it will not cancel its Global 8000 jet despite weak demand.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What risk does Bombardier face due to the lack of new series orders at the Farnborough Air Show?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the status of Bombardier's ultra long distance business jet according to the text?
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