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Canada actively wants to help Bombardier

  • The top Canadian official probing a request by Bombardier ((OTCQX:BDRAF +2.3%), (OTCQX:BDRBF -0.5%)) for aid to support its new CSeries passenger jet has indicated for the first time that Ottawa actively wanted to help the company, highlighting the number of jobs it provides.
  • Innovation Minister Navdeep Bains until now has said merely that the Liberal government would closely examine Bombardier's request for $1B in aid and outlined some of the concessions he wants in return.

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