In the wake of the recent announcement from Bombardier that it will cut 550 jobs at its Thunder Bay Rail Transportation facility, the Communist Party of Canada is reiterating its call for the aerospace and transportation corporation to be placed under public ownership and democratic control.
The job cuts are devastating to the Northern Ontario city of just over 100,000 people, where Bombardier is the 8th largest employer. The announcement comes on the heels of 15,000 job cuts worldwide over the previous three years, including 3000 in Quebec and Ontario in November 2018. Over that same period, Bombardier received at least $4 billion in public bailouts from the federal, Ontario and Quebec governments.