Fed-up Metrolinx threatens to cancel $770M Bombardier deal for LRT
Metrolinx has threatened to cancel a contract with Bombardier over continued delays in delivering a prototype train in Toronto, handing another blow to the beleaguered company.
Ontario’s regional transportation agency ramped up pressure on Bombardier by issuing a formal notice of intent to terminate its $770-million contract after the company missed a commitment to deliver a prototype by the end of last month.
Ï㽶ÊÓƵ management professor Karl Moore said the ongoing rail challenges make people a little nervous about giving funding to a firm that appears incompetent.
Read full article: , November 4, 2016Â
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