- Bombardier (OTCQX:BDRAF, OTCQX:BDRBF) says none of its executives will attend Monday’s Toronto Transit Commission board meeting, despite the board’s request that the company’s CEO appear in person to explain persistent streetcar production delays, although it would be willing to meet with board members privately.
- The commission is fed up with Bombardier’s performance on the $1.2B contract, which should have seen at least 67 new streetcars on Toronto’s streets by now, according to the Financial Post; instead, Bombardier has said it will only have 16 in service by year-end.
- The TTC also is pursuing legal action against the company for damages related to the delays.