Actually, Bombardier Is Not A 'Proven Winner'

Stripped down, Stanford’s position is that private businesses should not be treated like private businesses


Bombardier Inc has had a tough go lately. Pundits and advocacy groups – including the Canadian Taxpayers Federation – have been poking away at the aerospace company as a symbol of wasteful public subsidies to private business. The company’s stock is down, hammered by poor quarterly results and a lack of orders of their new C-Series plane. Even the lone bright spot – a fortuitously-timed order from Air Canada on February 17 – was all but nullified by news a week later that Republic Airways, an American customer which had also placed a C-Series order, was filing for bankruptcy protection.
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