Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRXF | BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | BOMBF | T.BBD.PR.D | BDRPF

Industrials Aerospace & Defense

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

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Bombardier Inc. > B of C rate up 25 points

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Comment by Teameeon Mar 02, 2022 10:38am

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Post# 34474793

RE:RE:RE:B of C rate up 25 points

https://www.cbc.ca/

Bank of Canada hikes interest rate to 0.5%

More small rate hikes expected as central bank tries to rein in inflation

Pete Evans · CBC News · Posted: Mar 02, 2022 10:04 AM ET | Last Updated: 31 minutes ago

The Bank of Canada slashed its benchmark interest rate when the pandemic began, but on Wednesday signalled that it will start to slowly raise it again to help rein in inflation. (David Kawai/Bloomberg)

The Bank of Canada has raised its benchmark interest rate to 0.5 per cent.

It's the first time the bank has raised its rate since 2018.

The central bank is expected to implement a series of small interest rate hikes this year as it tries to tame inflation that has risen to its highest point in decades.

The Bank of Canada's rate affects the rates that Canadian consumers get on things like mortgages, lines of credit and savings accounts at their own banks.

More to come.

ANALYSIS
Higher interest rates are coming. Omicron is unlikely to change that

ANALYSIS
Central banks talk about inflation, but are they losing credibility when interest rates don't budge?

ABOUT THE AUTHOR

Pete Evans

Senior Writer, CBCNews.ca

Pete Evans is the senior business writer for CBCNews.ca. Prior to coming to the CBC, his work has appeared in the Globe & Mail, the Financial Post, the Toronto Star, Canadian Business Magazine and — believe it or not — Circuits Assembly Magazine. Twitter: @p_evans Email: pete.evans@cbc.ca Secure PGP: https://secure.cbc.ca/public-key/Pete-Evans-pub.asc

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