FlyerTalk Forums - View Single Post - Big Changes expected in Canada
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Old Nov 5, 2015, 12:15 pm
  #50  
NOIR
 
Join Date: Oct 2010
Posts: 2,095
With Canada's GDP drastically dropping because of cheap oil they need to find new methods/strategies of driving the economy, and not being so reliant on oil.

I've noticed Bombardier's stocks have drastically dropped last week mostly because of the C Series program. They gave the company a 1 billion CAD life line, plus taking if I'm correct a fifty percent share of the program. Now what a bargaining tool countries like Qatar have when it comes to buying the C Series which they have shown interest in. Even Turkey would buy the C Series just to open up the Canadian market.

The UAE still hasn't chosen which passenger trains they will purchase for their new, and upcoming National Railroad project.

Now since the government has vast interest in Bombardiers vested long term success who certainly employ more Canadians than AC, I think it's a no brainier which way the governments business policies will swing to.

I also think YYZ has so much more potential if Canada ended it's protectionist policy.
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