Bombardier Aid Said to Be Stalled Through Summer

The transcript discusses the Canadian government's perspective on providing federal aid to Bombardier. It highlights the absence of red flags in supporting Bombardier despite its delays in delivering the C series. The government seemed indifferent to Bombardier's voting shares controlled by the founding family, which was surprising. Negotiations faced challenges due to concerns about corporate structure and potential government investment. Bombardier made significant progress by raising funds and restructuring, but financial concerns remained as they were rapidly depleting cash. The overall sentiment was supportive of Bombardier as a crucial Canadian company.

What was the government's initial stance on providing aid to Bombardier?

• They were concerned about Bombardier's corporate structure.

• They refused to provide any aid.

• They saw no major issues with providing aid.

• They were hesitant due to past delays.

What was a surprising element in the government's approach to Bombardier's corporate structure?

• They had a strong opinion against it.

• They planned to restructure the company.

• They wanted to take control of the company.

• They were indifferent about the voting shares.

What was a major obstacle in the negotiations between the government and Bombardier?

• The company's refusal to change its CEO.

• The company's financial instability.

• The control of voting shares by the founding family.

• The lack of government interest.

Which of the following actions did Bombardier take to improve its financial situation?

• Increased dividends.

• Sold shares and raised private bonds.

• Acquired new companies.

• Expanded its workforce.

What uncertainty remains about the government's financial intervention in Bombardier?

• Whether the government will take over the company.

• If a billion-dollar aid would prevent a crisis.

• If the government will sell its shares.

• Whether Bombardier will merge with another company.