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Bombardier Inc likely to spin off CSeries if government ‘Bailout 3.0’ approved, analyst says

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Bombardier Inc. might be able to unload most the CSeries to the federal and Quebec governments if “Bailout 3.0” qualifies, prompting Scotiabank to upgrade the company’s shares. Bombardier has asked the federal government for US$1 billion, matching the contribution produced by the Quebec government within the fall. If the company’s wish is granted, it’s likely the troubled CSeries jet program ...

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