I guess the Airbus/Boeing duopoly is here to stay. Bombardier looked like a promising future competitor... They still have their rail business, so all is not lost.
Agreed. It's a loss for Quebec, Bombardier, Canadian workers (who lose jobs to Alabama), Canadian taxpayers, and most importantly, for free trade and free markets - this will only establish anti-competitive policies as an accepted norm, a dangerous precedent.
Not that anyone cares about economics any more; it all seems political.
Wouldn't it have the opposite effect? Quebec subsidized a local industry and lost.
Now Bombardier doesn't have to pay the ridiculous 300% tax. They are subject to less regulations and more free market.
Comac is a promising competitor, too, and are explicitly targeting the bread-and-butter size classes of Airbus/Boeing.