Ottawa provides $1.5B in loan guarantees for Bombardier
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OTTAWA - The federal government has approved loan guarantees to a maximum of $1.5 billion to allow Air Canada to buy up to 45 regional jets from Bombardier Aerospace.
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MONTREAL - Bombardier Inc. will get a $209-million (US) reduction in the price it paid DaimlerChrysler AG in 2001 for the German company&#39;s rail equipment division.
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OTTAWA (CP) - Ottawa confirms federal budget surplus of &#36;9.1 billion.
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Thornburg Mortgage Inc., the jumbo mortgage specialist sued by the Wachovia Corporation last week, said that it repaid the $5.1 million in collateral that was the basis of the bankâs litigation.
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Magna International Inc., Canada&#39;s largest auto parts supplier, offered to buy out shares in three units for as much as C$1.3 billion ($1.
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Bear Stearns Cos. , the biggest broker for US hedge funds, has offered to provide $1.5 billion in loans to help rescue a money-losing fund run by its asset management unit, according to a person familiar with the situation.
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TORONTO -- The debt of Bombardier Inc., which makes aircraft and trains, was downgraded Thursday by Moody&#39;s Investors Service to below investment grade.
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Bombardier Inc., the world&#39;s third- biggest maker of commercial aircraft, said Air Canada ordered 45 planes and may buy 45 more in an agreement with a potential value of $2.
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An agreement has been reached to lend 1.7 million barrels of oil from the government&#39;s Strategic Petroleum Reserve to two companies whose refineries were running short of crude
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CABINET, on the recommendation of Prime Minister Patrick Manning, yesterday approved a $5 million allocation for Haiti to assist in relief efforts in the aftermath of Tropical Storm Jeanne, which claimed more than 1,000 lives and destroyed many homes.
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Air Canada has agreed to buy $821 million of Canadair Regional Jets from Bombardier Inc. (BBDb.TO: Quote, Profile, Research) , the companies said on Monday.
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Bank of Montreal  said on Wednesday it will cut about 1,000 jobs and take a C$135 million ($115 million) charge in the first quarter as it tries to rein in costs to help meet its 2007 financial targets, a move that took analysts by surprise.
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MONTREAL (CP) - Bombardier Aerospace says it is in discussions for financial subsidies with the governments of several American states as well as Ontario, Quebec, the federal government and with Britain over its plans to build a new-generation aircraft.
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MONTREAL (CP) - Nearly 460,000 Canadians on the federal payroll are eligible to be reimbursed tax-free for using their cars on government business, according to documents obtained by The Canadian Press.
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JosÃ© GuillÃ©n signed a one-year, $5.5 million contract and has a chance to earn another $2.75 million in incentives.
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Canada's Bombardier Transportation said Tuesday it had won an order for 100 high-capacity trains from French National Railways worth about &#36;477 million.
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Canada's Prime Minister Stephen Harper announces a new $1.3bn fund to combat climate change.