Word: canadair
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Dates: during 1940-1949
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With no outstanding differences between his own and the Liberals' platform, Tory Leader Drew never found any major issue. But he rapped the government's aircraft policy, charging that the Canadian-built Canadair planes were unsafe. He attacked the government-controlled Canadian Broadcasting Corp. and the Liberals' monetary policy. George Drew's main theme was that the Liberals were stifling free enterprise and that Canada's third party, the socialist Co-operative Commonwealth Federation (CCF), would choke it off completely...
Canada, which turned out 16,500 airframes during the war, needs no new plants. Canadian Car & Foundry, which made North American trainers and bombers during the war, could build the fighter; Canadair Ltd. (currently building Canadair Fours for B.O.A.C. and C.P.A.) could handle the transport. Engines for both would be U.S.-or British-built...
Canadian Vickers Ltd. has not had any interest in Canadair Ltd., which has operated the factory since November...
Electric Boat got the plant on a 15-year lease. It put up $1,000,000 at once and will add later a larger sum (reportedly upwards of $20,000,000). Electric Boat's vice president, 53-year-old John Jay Hopkins, becomes Canadair's new board chairman. Canadair now has orders for 20 transports for Trans-Canada Air Lines and 24 military planes for the Royal Canadian Air Force. Hopkins is shooting for a $40,000,000-a-year international business. He hopes to add another $10,000,000 by reconverting and overhauling planes...
...first venture into airplane manufacturing, Electric Boat Co. hired H. Oliver West, former executive vice president of Seattle's Boeing Aircraft Co., as Canadair's new president. Unlike Hopkins, President West is no newcomer to Canada (he helped organize Trans-Canada Air Lines in 1937) or to plane making (he is credited with bossing Boeing production of half the B-17s and 70% of all the B-29s made for the U.S. during...