US imposes 300% import tariff on Bombardier

[jaherbst]

You aren't by chance thinking they're connected? BRP, the mfgr of the Spyder is not affiliated with Bombardier, the airplane maker. Or are you just wondering about the Spyder since both are Canadian made? The Spyder falls under NAFTA. The jets may not since so much of their production is in Ireland.

The two are still owned by the parent company of Bombardier Inc. but operate as separate entities.

​Jack

[billybovine]

The two are still owned by the parent company of Bombardier Inc. but operate as separate entities.

​Jack

That's incorrect. They are separate companies. Both publicly traded. Bombardier inc. has no equity in BRP. If Bombardier had any equity ownership in any other company. That would have been sold long ago trying to stay out of bankruptcy.

[jaherbst]

That's incorrect. They are separate companies. Both publicly traded. Bombardier inc. has no equity in BRP. If Bombardier had any equity ownership in any other company. That would have been sold long ago trying to stay out of bankruptcy.

Not according to Wikipedia. Bombardier Inc. is still the parent company for Aerospace, Transportation, Locomotive, Can Am and of course Snowmobiles

which Joseph-Armond Bombardier started this mega conglomerate with.

Jack

[IdahoMtnSpyder]

Not according to Wikipedia. Bombardier Inc. is still the parent company for Aerospace, Transportation, Locomotive, Can Am and of course Snowmobiles

which Joseph-Armond Bombardier started this mega conglomerate with.

Jack

From the BRP document BRP Annual Information form, March 31, 2017.

In 2003, while operating as a division of Bombardier Inc., the Company was sold by Bombardier
Inc. to an investor group including Bain Capital Luxembourg Investments S.à r.l. (“Bain Capital”),
members of the Bombardier and Beaudoin families and Caisse de dépôt et placement du Québec
(“CDPQ”).

From the Bombardier Annual Report for 2016.

We are the world’s leading manufacturer of both planes and trains, operating under four reportable segments:
Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services and Transportation. We are
providing more efficient, sustainable and enjoyable transportati on solutions. Our products, services, and most
of all, our 66,000 dedicated and highly skilled employees are w hat makes us a global leader in mobility and
innovation. As at the date of this report, we have 73 production and engineering sites in 29 countries and a
worldwide network of service centres.

The Bombardier and Beaudoin families own shares in both companies, but the companies are two entirely separate entities.