Inside Bombardier’s $3.5B, Decade-Long Jet Gamble

Sept. 25 (Bloomberg) –- It takes more than $3 billion and the better part of a decade to design, develop, build and launch a new mid-size passenger jet. But Canadian firm Bombardier finally managed it, albeit months behind schedule. As the 170-seat C-Series made its maiden test flight over Montreal, Bloomberg asks whether it will shake up the sizeable narrow-bodied mid-range jet market that has been dominated by Airbus, Boeing and their subsidiaries. Bloomberg's Matt Miller reports. (Source: Bloomberg)

Trudeau Extends Timeline on Canada Refugee Resettlement
38:34 - Canada will bring in 25,000 refugees by the end of February, at an estimated cost of $678 million, over six years. This is the period of time Justin Trudeau's government expects it will take to re-settle and integrate refugees, financially. The plan will prioritize full families, women-at-risk, men accompanying parents and the LGBT community. Those refugees will mainly come from UN camps in Lebanon, Turkey and Jordan. Pamela Ritchie speaks with Bloomberg's Parliament Hill reporter, Josh Wingrove. (Source: Bloomberg)
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