Topic: Dr Iain Christie

Aerospace sector tempers expectations, despite big asks in federal Budget

Canada’s investment in aerospace innovation likely won’t stop with this week’s announcement by the federal government that it will provide a $372.5 million “repayable contribution” to Bombardier Inc. The interest-free loan, to be provided over four years, will fund R&D for the new Global 7000 business jet, and ongoing activities related to the development of the Montreal-based company’s C Series aircraft.