heh, I know eh.
Bombardier bailout just more of the same old
The government of Canada would like you to know how reluctant, how unwilling, how supremely disinclined it is to bail out Bombardier. Not that it isn’t going to, or that there was ever the slightest doubt it would. But when it inevitably does, you are meant to understand what a hard bargain it struck.
First it was put about that, unlike those feckless spendthrifts in the government of Quebec who put up $1.3 billion no questions asked, the feds would insist that Bombardier present a “business case” for why it should receive a similar wad of funds from the taxpayer — on top, that is, of the hundreds of millions it has already collected over the years. Then came news Ottawa had “reservations” about forking over the cash without unspecified changes in Bombardier’s “governance structure,” though it conceded it had not actually asked for any. Now Bloomberg is reporting on the six-point “checklist” the Trudeau government is supposedly looking at, including such harsh requirements as “viability” and “efficacy.”
mo
Andrew Coyne: Bombardier bailout just more of the same old | National Post
Bombardier bailout just more of the same old
The government of Canada would like you to know how reluctant, how unwilling, how supremely disinclined it is to bail out Bombardier. Not that it isn’t going to, or that there was ever the slightest doubt it would. But when it inevitably does, you are meant to understand what a hard bargain it struck.
First it was put about that, unlike those feckless spendthrifts in the government of Quebec who put up $1.3 billion no questions asked, the feds would insist that Bombardier present a “business case” for why it should receive a similar wad of funds from the taxpayer — on top, that is, of the hundreds of millions it has already collected over the years. Then came news Ottawa had “reservations” about forking over the cash without unspecified changes in Bombardier’s “governance structure,” though it conceded it had not actually asked for any. Now Bloomberg is reporting on the six-point “checklist” the Trudeau government is supposedly looking at, including such harsh requirements as “viability” and “efficacy.”
mo
Andrew Coyne: Bombardier bailout just more of the same old | National Post
