Good News and Bad News for Bombardier

By ReNew Canada 03:08PM April 04, 2009



Read Later

As auto manufacturers struggle, the new funding for transit in Ontario is bringing work over to the rail side of the transportation spectrum. Thunder Bay’s Bombardier plant will be filling orders for 20 new bi-level railcars. GO Transit will be using the railcars to add capacity to existing lines.

The Province will invest up to $30 million in this project if it qualifies for funding under the Building Canada Fund–the total federal and provincial investment will be $60 million.

Good news for Bombardier’s rail sector comes the day after the Toronto Star reported¬† Bombardier had to cut about 10 per cent of its aerospace workforce – including 475 jobs at its Downsview, Ontario, facility. Bombardier will cut 3,000 jobs in business jet manufacturing by the end of the year.

Would you recommend this article?

Suggested News Articles

Atlantic Canada, NewsOct. 17, 2018
Read Later

Applications open for capital funding programs

The Government of Newfoundland and Labrador is inviting applications for the 2019-20 municipal infrastructure programs. Applications are being accepted for funding through the provincial Municipal Capital Works Program and the…
UncategorizedSep. 17, 2018
Read Later

Canada investing in Arctic Gateway Group

The Government of Canada has announced an investment of $117 million to the Arctic Gateway Group through the Western Diversification Program. The investment allows the recently-formed private-public partnership that blends…
News, OntarioSep. 06, 2018
Read Later

Engineering contract awarded for Niagara Region GO expansion

Metrolinx has hired the design consultant to support the expansion of GO Transit rail service into Niagara Region. Wood Canada Ltd. will provide engineering services for the detailed design of…