Ontario Sells $28.9 Million Private Jet Back to Bombardier Amid Public Backlash

Ontario Premier Doug Ford has announced the sale of a private jet, originally purchased by the province for $28.9 million, back to Bombardier for the same price. The move, revealed at a Toronto event on Wednesday, follows intense public criticism over the acquisition during a widespread affordability crisis.

Ford’s decision to offload the jet comes just days after his office signaled intentions to sell, acknowledging the public’s disapproval. The premier had initially defended the purchase, arguing earlier this week that the jet was necessary for provincial needs. However, he pivoted after feedback from Ontarians became overwhelmingly negative, stating he heard their concerns “loud and clear.”

Critics, including Opposition Leader Marit Stiles, have slammed the purchase as tone-deaf amid economic struggles for many in the province. Stiles has demanded that Ford personally cover any additional costs tied to the jet’s acquisition and subsequent sale, though specifics on such expenses remain undisclosed. The full financial impact of the transaction, beyond the purchase and sale price, has yet to be clarified by the government.

READ: Air Ford One: Ontario Buys $29M Executive Jet For Doug Ford

The controversy erupted earlier this month when the jet’s acquisition first drew attention, spotlighting broader debates over fiscal responsibility in Ontario. Ford’s administration has faced mounting pressure to prioritize affordability measures over discretionary spending, with the jet becoming a lightning rod for public frustration.

The sale price of $28.9 million matches the original cost, ensuring no immediate loss on the transaction itself. However, questions linger over ancillary expenses that may have accrued during the brief ownership period, a point of contention likely to fuel ongoing political debate in Queen’s Park.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Agnico Q1 Earnings Results Overshadowed By A Sinking Gold Price

Why More People Are Starting to Feel Broke | Darrell Thomas – VRIC Media

Newmont Q1 Earnings: A Billion In Free Cash Flow… A Month!

Recommended

Altamira Gold Extends Maria Bonita Porphyry System Westward With 70.6 Metres At 0.51 g/t Hit

Antimony Resources Reports 13.9% Antimony in Latest Drill Core at Bald Hill

Related News

Ford Gov’t Headed For Massive Budget Deficit Due To Interest Rates And $3B Infrastructure Bank

Ontario’s journey towards fiscal balance has encountered unexpected hurdles, according to the Ministry of Finance....

Friday, November 3, 2023, 03:07:00 PM

Critics Say Ford Plans to Sell Off Wasaga Beach Park

Ontario Premier Doug Ford’s plan to invest $38 million in Wasaga Beach tourism development is...

Saturday, August 2, 2025, 09:26:00 AM

‘Do You Believe the Polls?’ Campaign Fuels Ford-Poilievre Feud

Speculation that Ontario Premier Doug Ford orchestrated a viral “Do You Believe the Polls?” campaign...

Sunday, April 20, 2025, 07:33:00 AM

Carney Rebuffs Ford’s Call to Hit Back at US Over Tariffs

Prime Minister Mark Carney on Thursday rejected calls from Ontario Premier Doug Ford to impose...

Friday, October 17, 2025, 12:54:00 PM

Carney Calls US Tariffs CUSMA Violations as Trump Renews 51st State Push

Prime Minister Mark Carney pushed back Thursday against White House pressure over a provincial ban...

Thursday, April 23, 2026, 11:07:46 PM