Thursday, November 27th4.9°C
23286
23372

Ontario orders new GO Transit rail cars from Bombardier Transportation

MONTREAL - The Ontario government says it's placing an order for new GO Transit suburban rail cars to be built at Bombardier Transportation's plant in Thunder Bay, Ont.

The order could be worth up to $481 million if the government buys all 140 cars. So far, it has placed firm orders for 65 of the two-level passenger cars and taken out options for another 75.

Montreal-based Bombardier (TSX:BBD.B) says the firm order is worth $190 million.

Deliveries are expected to begin in June 2016.

The provincial government says the order will support 250 jobs at Bombardier's plant in northwestern Ontario.

The new cars will be added to the GO Transit fleet, which serves commuters in Toronto and surrounding communities.

The Canadian Press


Read more Business News

23015


Recent Trending




Today's Market
S&P TSX15008.41-30.00
S&P CDNX765.38-5.68
DJIA17827.7512.81
Nasdaq4787.317+29.065
S&P 5002072.83+5.80
CDN Dollar0.8851-0.0038
Gold1193.50-3.10
Oil72.56-1.13
Lumber327.90-1.60
Natural Gas4.295+0.144

 
Okanagan Companies
Pacific Safety0.160.00
Knighthawk0.01-0.005
QHR Technologies Inc1.32-0.02
Cantex0.04-0.005
Anavex Life Sciences0.171-0.004
Metalex Ventures0.03-0.005
Russel Metals31.37-0.13
Copper Mountain Mining2.17+0.01
Colorado Resources0.12-0.01
ReliaBrand Inc0.0134-0.0001
Sunrise Resources Ltd0.045-0.005
Mission Ready Services0.34+0.015

 
24130


23967

FEATURED Property
208334519 - 180 Sheerwater Court
4 bedrooms 7 baths
$9,300,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Second marriage issues

It is not unusual that one or both of the parties planning to marry are approaching marriage for the second time. There are pluses and minuses to this new situation. On the plus side, individuals ente...


The last great Canadian tax shelter

A guide to how flow-through fund limited partnerships can mightily aid your tax planning!The end of the year will raise concerns among many professionals, self-employed persons, business owners and ev...


What I learned in China: Part 2

As per my previous article on my visit to China, we have much to learn about and from their people. It is potentially the largest market on earth with 1.3 billion people in one country but much will d...

_



24231

24220


Member of BC Press Council


23370