Canada aerospace announcement Tuesday not about Bombardier - source

Mon Jul 11, 2016 3:02pm EDT
 
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OTTAWA (Reuters) - A Canadian government announcement about aerospace funding in Quebec on Tuesday has nothing to do with possible federal aid to planemaker Bombardier Inc (BBDb.TO: Quote), a source familiar with the matter said on Monday.

Innovation Minister Navdeep Bains - who is leading talks with Bombardier about possible government aid - will make the announcement at Britain's Farnborough Airshow. Bombardier requested $1 billion in aid from Ottawa last year, but talks between the two sides have bogged down, say sources close to the file.

(Reporting by David Ljunggren; Editing by Steve Orlofsky)

 
Bombardier's CS300 Aircraft, showing its' Pratt & Whitney engine in the foreground, sits in the hangar prior to its' test flight in Mirabel February 27, 2015. REUTERS/Christinne Muschi/File Photo