RE:Why Albertans should support BombardierAs a quasi interested observor, kill the aerospace part of Bombardier already. It is a money losing black hole that is an ongoing drain on tax payers and generate little to no revenue for this country. Giving the hundreds of people at BBD over $1 Billion, while the 100's of thousands of unemployed resource workers in this country (Manitoba, Sask and AB) get less than that is nuts!
Kill BBD, it makes a product which produces more greenhouse gas than pipelines. The same rules should apply!
StandupAndSee wrote: There were a lot of comments against a Federal support to BBD quoting the headline of the National Post article “Ottawa ponders $1 billion for Bombardier, just $700 million for Alberta. And other reasons to fear for humanity” (precising in the text, for Bombardier means for one only “private business in Quebec controlled by one family”).
By spreading this, you're just shooting in your own foot (and more, you give weapons to the competition) and do not act for the sake of Alberta. Bombardier is the ending link in the Canadian aerospace sector (it assemble the parts that the whole sector produces for them). If it breaks, the whole chain fall. Knowing that the aerospace sector (and mainly aircrafts sales) is responsible for 25 Billions$ in the Canadian exports and that it is highly value-added (meaning more revenues for many jobs), who will pay the support checks to Alberta should all this break down? The province rivalry is just stupid. All Canadian should be proud of their wealth from Oil & Gaz to Aerospace wherever they live, one supporting the other depending on the global economic cycle. Crude oil is responsible for 50 Billions$ export, only the double, and it is raw material, very low value-added. Canada cannot live on this only (or it will turn like Venezuela). You cannot live like kings and criticize equalization when oil is up, then beg after when oil is down. From the fact that Albertan economy is down, depending on the revenue per capita in the province, it will anyway receive more equalization money... and in addition to that Trudeau wants to give a bonus of 700 Millions$. So, the more Canada makes money, the better it is for everybody in the country. If you do not want to contribute to several Billions$ to support unemployment in the aerospace sector (close to 200.000 jobs) then you'd better backing it. Ask Europeans how much the EU, plus governments of each inner country, invested in the development of Airbus (just ONE company as you say). Look how many Billions Euros it pays back to Europe now !