Bombardier Inc. T.BBD.A

Good for Bombardier, but a loss for Canada

[flamingogold]

One day this loss will come back to haunt us as a nation. We lost mass transit development here in Canada. Now we have to be at the mercy of another country for our trains, subways and buses.

 

By the same token, the media, political leaders and the public will bittch about Trudeau and the Liberals lack of vaccine deployment against covid. This problem, however, goes way back before Trudeau as governments over the decades allowed a once prosperous pharma development sector to die and disappear here in Canada. Now as a nation we are at the mercy of other countries' supply.

 

So too this will be the case one day for mass transit here. Good luck to the TTC, the Globe and every other outlet that trashed the company for trying to make Canada an independent leader in global mass transit.

[stockitnow]

Yes and No. China, and India will dominate this market with lower end lower cost product which will be attractive to Asian and African countries. Siemens and Alstom will dominate Europe. USA is a toss up. In long run bombardier would have have been thined out. They could barely hold on as is and on top had major delivery and quality issues.