26 Replies to “Bomb, Bomb, Bomb”

  1. With what? Bombardier top brass spent all the money already—on second homes in Provence. Covering the bad debts of French Canadian fraudsters is what the English are for.

    (Yes, I know that was a rhetorical question.)

    1. I laughed my ass off when I saw the news story. Canadians are stupid, at least the English speaking ones. Now how often have I said that? Long before SDA existed.

  2. Several years ago when Bombardier was begging for money for the C series jet, I read an excellent article on how great the management of the company was. You see, most people thought Bombardier was in the aerospace business however the writer was correct in noting they were really in the subsidy business at which they excelled. Airplanes were just a cover.

  3. The answer is a simple “No”. No Canadian company should be supported by taxpayer dollars, federally, provincially, or locally as it leads to political interference and kickbacks.

    1. I hope it isn’t that you just woke up out of a 50 year coma, but it’s far too late for that … It’s all been done over and over again. Government and business unholy alliances have been the hallmark of the federal liberals and whatever Quebec government is in place to allow the incompetent, slovenly Quebec corporations continue to pay them off while billing the rest of Canada for the losses. It’s the Canadian way .. and … oh ya … screw the west.

  4. “My question from all of this is whether Canadian taxpayers get their money back”

    No they won’t.
    There is the bosses that need to get bonuses for doing the deal.
    Then there is this corrupt institution called Liberal party that needs to get hands on a lot of money, self donated in a circular manner.

    All the loans from the pockets of the taxpayers are spoken for.

    Those that get up every morning to make living for themselves and their families and pay the taxes are out of luck.

    The corruption of the government of Canada is something to behold, though for the Liberals is just business as usual.
    Not that the smiling Andy is going to change anything.

  5. Bombardier have no orders on the desk for 2020 and future.

    Sell their assets for whatever, before the next round of bailouts begins. Though it’ll be muliple times more funny for me if Mitsubishi sells / flips these assets to Embraer aerospace of Brasil. Multiple times x funny.

  6. My question from all of this is whether Canadian taxpayers get their money back.

    Well we get our money back? Hahahahahahahahahahahahahahaha!

  7. Unless you consider huge donations to the LPC, payments to Montreal hookers, and offshore bank accounts “getting their money back”, then no.

  8. If this puts an end to the endless drain of money from the west into Bombardier then it’s worth it. Heck I’ll chip in $5 myself to sweeten the deal for Mitsubishi if they’ll take this cash siphon off our hands.

  9. Does this mean the Bombardier family get $33 million bonus for doing such a good job just like they got when they borrowed $375 million from me and you. I wonder how many billions the government spent on Dehavilland, Canadair, and Bombardier so Eurotrash and Japanese can feed on the corpse. They are out of the snowmobile business, they are out of the passenger aircraft business, and their trains aren’t worth shit. What went wrong? No cushy defence contracts like the rest of the world. In the 1980s they built trucks for the army.

  10. and the REAL WORLD problem is Canaduhians will *continue* to vote for the TURDoo 2.0 party.
    party indeed. like a party with an open bar, on an exclusive island resort, the very best chefs, the best accommodations after the festivities, free air transportation (perhaps using planes built from the bombardier leftovers?) , ALL of it paid by taxPAYers.

  11. Marc, Golly gee, corruption in Canada sure does pay off. The bleeding will never stop when socialists are in control, no matter what their stripe. As long as the majority of Canadians are as dumb as Venezuelans we are on the way down. If only they suffered from their policies and the rest could continue as sane rational people all would adjust. Not going to happen.

  12. Of course we won’t get our money back. By rights all money from the sale should go directly to government coffers, but because it’s a Quebec company we won’t see a dime of it.

    Well OK, good riddance. At first glance it seems we’ll finally be rid of this money drain on taxpayers.

    Problem is, if the manufacturing under the new ownership stays in Quebec, we’ll still be paying massive bailouts to protect Quebec jobs.

    Don’t celebrate too soon.

  13. Justin’s killing it everyday, from the heart out.
    Where’s Belinda when we need a bigger pie?

  14. It going to get worse.

    Via gets 71 million for planning work on dedicated passenger rail line in Quebec City to Windsor corridor.

    Guess who will probably get the train contract?

    Guess who will build it?

    Guess how the train will be powered.

    If you said; Bombardier, SNC, and electricity from Hydro Quebec, you win.

    Actually if you live in Alberta you lose. You’ll be paying for it with increases in equalization payments after the October election.

    https://www.google.ca/amp/s/business.financialpost.com/transportation/rail/canada-infrastructure-bank-gives-via-rail-71-million-for-work-on-dedicated-track-project/amp

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