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Bombardier Inc gets boost to balance sheet with $1.5-billion from Quebec pension fund

Quebec’s pension fund has been guaranteed “bond-like protection with the upside of equity” in exchange for a US$1.5-billion investment in Bombardier Inc.’s train-making business. The deal, announced Thursday, gives Bombardier a “nice safety net” while also guaranteeing a healthy minimum annual return of 9.5 per cent for the Caisse de …

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