As you say Bill, "As the saying goes, if it walks like a duck, and quacks like a duck, it is a duck." This is not a duck, and to include the number in the total number of direct government subsidy is misleading and diminishes the strength of your position.

And even if one agrees that it is a subsidy -- and I do not -- then it is a subsidy to Bombardier more that to Porter. Again, including the whole number in your total is misleading.

Bryan L.