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 Interest rat cut

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Comment by BBDB859on Dec 11, 2024 12:28pm

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Post# 36356882

RE:RE:Bank Of Canada Interest rat cut

You'd think they would want to keep interest rates from going too far down, where they could keep inflation in check. Not reduce rates to increase RE prices. They need the Tax from RE, so they're willing to destroy the Can. economy.

flamingogold wrote: The BoC is preparing for an assault by the US on us. Any tariff will hurt and a 25% one will immediately sink us into recession. Retalliation by Canada will not fare any better but hurt us more than them. Tariff wars hurt everyone but mostly the little guy. That's us. A lot of Canadians will lose their job if we enter a tariff war.

crypto65 wrote:
Bank of Canada cuts key interest rate to 3.25%

Wednesday's decision marks second consecutive half-point cut

Jenna Benchetrit · CBC News · Posted: Dec 11, 2024 9:51 AM EST | Last Updated: 1 minute ago

A sign at the Bank of Canada building is seen in Ottawa on July 24. The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday. (Justin Tang/The Canadian Press)

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The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday.

Economists were largely expecting another weighty cut following a quarterly GDP report that saw growth come in below the central bank's projection and a jobs report that showed an uptick in the unemployment rate.

The central bank cut rates by a half-point in October for the first time since the pandemic.