May 19, 2020

Bombardier Celebrates 20 Years of Plane and Train Manufacturing

Bombardier
plane manufacturing
train manufacturing
transportation industry
Bizclik Editor
3 min
Bombardier Celebrates 20 Years of Plane and Train Manufacturing

 

At a special event held at Bombardier’s aerospace facility in Toronto, Bombardier and the Ontario Government celebrated 20 years of  successful business operations in manufacturing world-class planes and trains. Speaking with the company’s more than 6,200 Ontario employees, Bombardier CEO Pierre Beaudoin and Ontario Premier Dalton McGuinty highlighted the company’s successful operations in Thunder Bay, North Bay and Kingston.

"In 1992, during a global economic downturn, Bombardier acquired the de Havilland Canada aerospace plant, and the Urban Transportation Development Corporation (UTDC) in Thunder Bay and Kingston," said Mr. Beaudoin. "Bombardier invested in the facilities and employees in Ontario, believing that they had what it takes to help us become a world-class maker of planes and trains. Today I am proud that our 6,200 employees in Ontario contribute more than $2.7 billion to the Ontario economy, and generate more than $650 million of business for nearly 300 Ontario-based suppliers."

Bombardier’s Ontario aerospace manufacturing prowess includes the production of the following planes: the Q400 NextGen turboprop aircraft, the Global 5000, the Global 6000, the Bombardier 415 amphibious aircraft, and key components of the Learjet 85 and CSeries commercial aircraft. In the future, these plans will add the Global 7000 and Global 8000 business jets to its operations. Bombardier Transportation manufactures the BiLevel GO Trains, the new TTC Rocket subway cars, Toronto’s streetcars and Metrolinx Light Rail Vehicles, the O-Train,  and the INNOVIA monorail system.

"Just as Bombardier employees can point to trains and planes around the world and say: 'I built that,' we can look at the partnership between Ontario and Bombardier and see that we've built a lot, together," said Ontario Premier Dalton McGuinty. "Ontarians have invested in skills, education, infrastructure and a strong society. Bombardier -- with its advanced manufacturing, strong R&D and world-class products - has not only made the most of Ontario's competitive advantages, it added to them."

With this success, Bombardier is sharing Ontario with the world. Bombardier transportation solutions are utilized globally.

 

SEE RELATED STORIES FROM THE WDM CONTENT NETWORK:

Click here to see the latest issue of Business Review Canada

"We are very proud that the planes and trains Bombardier makes right here in Ontario move thousands of Ontarians and people around the globe, every day," added Mr. Beaudoin. "Here in Toronto, as the largest manufacturer in the Greater Toronto Area, we build the planes that Porter Airlines flies, as well as those flown by Jazz and Sky Regional under the Air Canada Express banner. We look forward to seeing our airplanes flying for WestJet soon. In Thunder Bay we make the GoTrains and Rocket Trains used by commuters throughout the Greater Toronto Area at a rate of nearly one a day. Bombardier's 300-strong team in Kingston is part of a centre of global excellence in monorail research and rail system design; our transit service team in Mississauga manages technical assistance, fleet operations, maintenance and vehicle modernizations for North America, and our iconic yellow water bombers that help firefighters all over the world come from our facility in North Bay. We at Bombardier are celebrating our 20-year history in Ontario as we invest in the continued evolution of mobility, making transit and transportation more efficient for travellers and greener for the environment."  

Share article

Jun 10, 2021

G7 Summit guide: What it is and what leaders hope to achieve

G7
G7Summit
Sustainability
EU
3 min
Business Chief delves into what the G7 is and represents and what its 2021 summit hopes to achieve

Unless you’ve had your head buried in the sand, you’ll have seen the term ‘G7’ plastered all over the Internet this week. We’re going to give you the skinny on exactly what the G7 is and what its purpose on this planet is ─ and whether it’s a good or a bad collaboration. 

 

Who are the G7?

The Group of Seven, or ‘G7’, may sound like a collective of pirate lords from a certain Disney smash-hit, but in reality, it’s a group of the world’s seven largest “advanced” economies ─ the powerhouses of the world, if you like. 

The merry band comprises:

  • Canada
  • France
  • Germany
  • Italy
  • Japan
  • The United Kingdom
  • The United States

Historically, Russia was a member of the then-called ‘G8’ but found itself excluded after their ever-so-slightly illegal takeover of Crimea back in 2014.

 

Since 1977, the European Union has also been involved in some capacity with the G7 Summit. The Union is not recognised as an official member, but gradually, as with all Europe-linked affairs, the Union has integrated itself into the conversation and is now included in all political discussions on the annual summit agenda. 

 

When was the ‘G’ formed?

Back in 1975, when the world was reeling from its very first oil shock and the subsequent financial fallout that came with it, the heads of state and government from six of the leading industrial countries had a face-to-face meeting at the Chateau de Rambouillet to discuss the global economy, its trajectory, and what they could do to address the economic turmoil that reared its ugly head throughout the 70s. 

 

Why does the G7 exist?

At this very first summit ─ the ‘G6’ summit ─, the leaders adopted a 15-point communiqué, the Declaration of Rambouillet, and agreed to continuously meet once a year moving forward to address the problems of the day, with a rotating Presidency. One year later, Canada was welcomed into the fold, and the ‘G6’ became seven and has remained so ever since ─ Russia’s inclusion and exclusion not counted. 

 

The group, as previously mentioned, was born in the looming shadow of a financial crisis, but its purpose is more significant than just economics. When leaders from the group meet, they discuss and exchange ideas on a broad range of issues, including injustice around the world, geopolitical matters, security, and sustainability. 

 

It’s worth noting that, while the G7 may be made up of mighty nations, the bloc is an informal one. So, although it is considered an important annual event, declarations made during the summit are not legally binding. That said, they are still very influential and worth taking note of because it indicates the ambitions and outlines the initiatives of these particularly prominent leading nations. 

 

Where is the 2021 G7 summit?

This year, the summit will be held in the United Kingdom deep in the southwest of England, with Prime Minister Boris Johnson hosting his contemporaries in the quaint Cornish resort of Carbis Bay near St Ives in Cornwall. 
 

What will be discussed this year? 

After almost two years of remote communication, this will be the first in-person G7 summit since the novel Coronavirus first took hold of the globe, and Britain wants “leaders to seize the opportunity to build back better from coronavirus, uniting to make the future fairer, greener, and more prosperous.”

 

The three-day summit, running from Friday to Sunday, will see the seven leaders discussing a whole host of shared challenges, ranging from the pandemic and vaccine development and distribution to the ongoing global fight against climate change through the implementation of sustainable norms and values. 

 

According to the UK government, the attendees will also be taking a look at “ensuring that people everywhere can benefit from open trade, technological change, and scientific discovery.” 

 

Share article