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April 2, 2017

District 11

Announcement from the International Association of Machinists

The situation at Bombardier

Montreal, April 2, 2017- We have announced our position regarding the salary increases for Bombardier executives since their announcement last Wednesday. We will inform the representatives of the company of the extent of our discontent in the forthcoming negotiations. Having said that, after having seen the problem, we have to think about concrete solutions.

"After the grumbling, after the indignation, we must act in such a way that this problem does not happen again. Now is the time to go into solution mode and think about a long-term settlement. Not let our frustration take over and throw the baby out with the bath water. We must make the aerospace industry a project for the benefit of all society. With more than 40,000 good jobs, 80% of the province's exports, one of the world's best work force and a sector that stimulates the development of new technologies, aerospace is a key player in the Quebec economy. Like it or not, Bombardier is the locomotive of the aerospace industry in Quebec. It is made up of more than 200 companies as well as proud, professional workers who devote themselves heart and soul so that Quebec remains among the leaders of this instrumental industry . We should not let our anger at the Bombardier leaders forget these facts", says IAMAW Quebec coordinator David Chartrand.

A long-term political solution to the problem

"The Liberal government made mistakes when it structured its financial assistance. Bombardier was offered liquidity without imposing the necessary conditions on the use of the funds. To avoid this kind of situation, it is becoming increasingly urgent for the government to look at a broad industrial policy, including a dedication to aerospace. Efforts must be made to better regulate financing methods such as the granting of loans or subsidies and not only on a case-by-case basis. For example, in the case of a corporate financial aid, we should require a framework that would attach financial support to local employment guarantees, measures to counter relocation and guarantees for infrastructure development on Quebec soil. We have been working at the IAMAW for the past 20 years to create an initiative to consolidate our economy, our society and our industries. Today, we have one more example of the urgency and relevance of such measures. It was okay to help Bombardier but there would have been a better way to do it. Montreal is the third largest aerospace capital in the world, and it is time for our governments to have a coherent and flexible policy us to another level", concludes Chartrand.

NB: For reasons of availability and scheduling conflicts, no interviews will be offered until April 3rd.