A Huge Fact the media did NOT mention about today's BIG announcement

AirAsia buys 150 A220 to be built by Airbus Canada in Mirabel, Quebec

News in Brief—News Headlines | May 8, 2026

Carney & Frechette pull a victory lap gloating

But here is what they omitted to mention:

The A220 only exist because Bombardier built the model known as the CSeries...

- In 2015, the Québec government invested roughly US$1 billion (about CAD$1.3B) into Bombardier’s struggling CSeries jet program to prevent its collapse and protect aerospace jobs in Québec.

- The program suffered from major cost overruns, delays, weak sales, and trade disputes with Boeing in the U.S.

A HUGE FACT the media did NOT mention about today's BIG announcement

AirAsia buys 150 A220 to be built by Airbus Canada in Mirabel, Quebec

Carney & Frechette pull a victory lap gloating

But here is what they omitted to mention:

The A220 only exist because Bombardier built the…
— Elliot Daigneault (@hrh_elliot)May 7, 2026

- In 2018, Bombardier handed majority control of the CSeries program to Airbus for $1, rebranding it as the Airbus A220 (yes... $1)

- By 2021, Québec’s original investment had been officially valued at $0 in provincial financial statements

- Québec later reinjected even more money (2022 and 2024) to maintain its 25% stake in the Airbus A220 partnership

- In 2025, Québec wrote down another $400 million tied to the A220 investment, acknowledging it may not recover a large portion of taxpayer funds.

Total invested by Quebec = $1.7 BILLION

Total jobs saved... 4,600

or $369,565/Jobs

This doesn't deserve a victory lap

It deserves a funeral for the tax payers

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