Bombardier on the Mend, Memo to Lead Canada Minister Says

Bombardier on the Mend, Memo to Lead Canada Minister Says

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Business, Social Studies

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The transcript discusses the Canadian government's perspective on providing federal aid to Bombardier. It highlights the absence of red flags in supporting Bombardier despite its delays in delivering the C series. The government seemed indifferent to Bombardier's voting shares controlled by the founding family, which was a negotiation obstacle. Bombardier made significant progress by raising funds and replacing its CEO, but financial concerns remained. The documents did not conclusively state if a billion-dollar aid was necessary, but they showed broad support for Bombardier as a key Canadian company.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was noted about Bombardier's financial situation at the end of last year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What overall picture did the documents paint regarding Bombardier's importance in Canada?

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