Description: Quebec will give $1 billion to bailout Bombardier. Bombardier reported a $4.9 billion loss in Q3. With this investment, Quebec is hoping that Bombardier’s CSeries jet airliners will eventually succeed.
Source: CBC
Date: October 29, 2015
Video Link: http://www.cbc.ca/player/News/Business/ID/2678070928/
Questions for Discussion:
- Should governments bailout large corporations?
- Does Quebec have good reasons to invest taxpayers’ money in Bombardier, which has been reporting regular losses?
- Discuss Bombardier’s CSeries project?
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