Bombardier Inc. T.BBD.A

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

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. > Bank of Canada

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Comment by flamingogoldon Oct 20, 2022 9:58am

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Post# 35035982

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bank of Canada

My parents arrived from Europe in the early 60's with a suitcase in hand and a few bucks in their pocket and passed away as millionaires and no debt. I have two millennial children, both of whom are renting because they understand the inverse relationship of rates and house prices and that the FOMO would eventually end. In a few years when the average price drops another 30% from here, it will be time to buy again. We are still not at pre-pandemic levels.

gas61di56 wrote: Flamingo, your father seems like a wise man.

Unfortunately the young generation that just bought their 1st house will find it hard to make both ends meet when their mortgages will be renewed especially the ones that bought a year ago.

I know some that bought on a variable rates even though I was telling them it wasn't the time to go variable.
Variable IMO should be taken when interests are high.

Best of luck to all.