No need for Bombardier bailout

There were already plenty of questions about Bombardier Inc.'s request for $1 billion in federal assistance before the release last week of the federal Liberals' inaugural budget with its $29.4 billion shortfall. The doubts only increased when Rob Dewar, vice-president of the company's CSeries aircraft program, suggested the company doesn't really need the money.“We don't need a backup plan because what's secured already is actually more than we require,” Dewar said from Zurich, where he was meeting with officials from Swiss International Air Lines. “We have secured all the funding required to ramp up the CSeries program and also for the rest of aerospace. Really, the federal funding would just be an extra endorsement for that program … That's really just an extra bonus that would be helpful but it is very clearly not required.”