Source Feed: The Globe and Mail
Author: Alan Freeman
Publication Date: May 7, 2025 - 18:00
Executive Raymond Royer helped Bombardier expand from snowmobiles to trains and planes
May 7, 2025
In 1982, Bombardier Inc. landed a monster contract to supply 825 subway cars to New York, valued at $1-billion (US$622-million). A cross-border political battle ensued.Rival bidder Budd Co. cried foul, alleging that Bombardier was only able to win the work because it was backed with cheap financing from Canada’s Export Development Corp. A contentious Senate hearing in Washington followed and retaliatory duties were threatened, but the U.S. government let the deal proceed, agreeing that Bombardier had promised to provide better quality and quicker delivery times for the cars.
Unpublished Newswire
Toronto Police say a woman in her 20s was struck and killed by two vehicles that did not remain at the scene on Thursday night.
May 9, 2025 - 06:37 | Gabby Rodrigues | Global News - Canada
Amid inflation, duopolies, and oligopolies, there’s a sense of frustration over what powerful companies with deep pockets might be up to. And it’s not just consumer suspicion. In the past year or so, government agencies in Canada have launched a number of lawsuits against big businesses over potentially shady practices.
Canada’s Competition Bureau is in an ongoing lawsuit against Rogers, alleging false advertising for their phone plans and claiming the company’s “Infinite” plans actually had data speed limits. Last June, the government of British Columbia filed a lawsuit against the...
May 9, 2025 - 06:30 | Leah Borts-Kuperman | Walrus
Good morning. I’m Erin Anderssen, the happiness reporter at The Globe. Today, we start off with an introduction to the new leader of the Roman Catholic Church. Also, just in time for Mother’s Day, women of Generation X are reimagining motherhood in middle age – and they don’t care what you think about it. Let’s get to it.Today’s headlinesThe disappearance of two children has rocked a rural Nova Scotia communityAn Ontario First Nation has filed a $200-million lawsuit against Ottawa over its failure to provide clean drinking waterThe U.S. and Britain announced a trade deal that leaves the...
May 9, 2025 - 06:26 | Erin Anderssen | The Globe and Mail
Comments
Be the first to comment