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Fed-up Metrolinx threatens to cancel $770M Bombardier deal for LRT

Published: 7 November 2016

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, 2016 

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