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Oh, no need to google here; I have some friends that worked there that have confirmed this on multiple occasions. It's just frustrating as a Québec taxpayer to
by emilecantin 6y ago
Oh, no need to google here; I have some friends that worked there that have confirmed this on multiple occasions. It's just frustrating as a Québec taxpayer to see this plane program bailed out from Bombardier's incompetence with my tax money, only for the US & Boeing to force it to be given to Airbus. I feel like we really got shafted in that saga.
- 908B64B197 6y agoQuébec taxpayers actually made money with the deal, strangely enough. Bombardier basically split the CSeries program from it's main division and placed all assets (factories, IP for the plane) in a separate company. The government then invested in that company and got shares in return. So it's really more like VC. These shares also get a part of the profits from the CSeries and the government can sell them if it wishes.