Tuesday, September 23rd12.7°C
23284

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

22625


Recent Trending




Today's Market
S&P TSX15129.00-136.35
S&P CDNX928.09-26.97
DJIA17172.68-107.06
Nasdaq4527.689-52.10
S&P 5001994.29-16.11
CDN Dollar0.9088+0.0031
Gold1232.30+14.40
Oil91.50-0.91
Lumber332.20+5.60
Natural Gas3.948+0.04

 
Okanagan Companies
Pacific Safety0.17+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.27-0.10
Cantex0.04-0.01
Anavex Life Sciences0.2195-0.0035
Metalex Ventures0.05-0.01
Russel Metals35.37-0.38
Copper Mountain Mining2.40-0.26
Colorado Resources0.16-0.005
ReliaBrand Inc0.0206-0.0043
Sunrise Resources Ltd0.02-0.005
Mission Ready Services0.27-0.02

 



23124

FEATURED Property
20862253848 Water Road
3 bedrooms 3 baths
$1,299,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Is this a fair offer from ICBC?

“Is this a fair offer from ICBC?”…. “How much should I settle for?”… “What is my claim worth?” These are just some of the questions I regularly get as...


Disruptive innovation

Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...


Executors and their duties

There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...

_



23499

23499


Member of BC Press Council


22786