Ottawa invests in jet engines and jobs

The federal government is to invest $300 million in Pratt & Whitney to help protect 1,500 jobs at the firm’s Ontario and Quebec plants.

The federal government is to invest $300 million in Pratt & Whitney to help protect 1,500 jobs at the firm’s Ontario and Quebec plants. The cash will be repayable and is being made available through the Strategic Aerospace and Defence Initiative to enable Pratt & Whitney to develop the next generation of jet engine.

 

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