Épine : 18,1Mm

Total Page:16

File Type:pdf, Size:1020Kb

Épine : 18,1Mm épine : 18,1mm Chaque jour, des avions, locomotives, wagons de métro et de train sortent des ateliers Bombardier. Le petit fabricant de moto- neiges Ski-Doo est passé du rang d’entreprise familiale à celui de géant mondial du transport. Cette colossale ascension s’amorce dans le village de Valcourt lorsque Laurent Beaudoin, le gendre du fondateur et inventeur Joseph-Armand Bombardier, prend les commandes. Il pilote l’entreprise durant l’âge d’or de la motoneige, la Crise du pétrole de 1973, les recours des concurrents agressifs, les moments de doute... Surtout, il réussit la plus formidable opération de diversifi cation qui soit : le métro de Montréal, le Tunnel sous la Manche, les tramways de Bruxelles et de Berlin lui doivent leurs voitures. C’est grâce à lui si les gens d’affaires montent à bord du Global Express et si les jets régionaux ont renouvelé le paysage aérien. Laurent Beaudoin et son équipe ont su faire la preuve qu’une entreprise québécoise peut devenir une multinationale mon dialement respectée, tra- verser les générations et connaître la pérennité. Il appartient maintenant à son fi ls Pierre Beaudoin de façonner le Bombardier de demain. Larry MacDonald est journaliste d’affaires. Depuis 1999, il s’est bâti une réputation enviable par ses articles lumineux, parus dans de nombreuses publications de premier plan dont The Globe and Mail, The Montreal Gazette et The Ottawa Citizen. Il a aussi publié, en 1998, Outperforming the Market, A Case-Sudy Approach to Selecting Investments chez ECW Press et, en 2000, Nortel Networks : How Innovation and Vision Created a Network Giant, chez John Wiley & Sons. ISBN 978-2-7619-3074-1 Design graphique : Nancy Desrosiers Photos : © BOMBARDIER Bombardier Un empire Québécois.indd 1 12-03-22 5:02 PM TABLE DES MATIÈRES Avant-propos . 7 INTRODUCTION La montée d’un empire . 11 Un parcours fulgurant . 11 Les artisans du succès . 16 Bombardier aujourd’hui . 18 PREMIÈRE PARTIE CHAPITRE 1 Joseph-Armand fonde une compagnie : les années 1940 et 1950 . 25 Des humbles débuts . 25 L’Auto-Neige Bombardier . 26 Inventions et innovations . 34 CHAPITRE 2 L’épopée du Ski-Doo : l’âge d’or des années 1960 . 43 La famille prend la relève . 43 Un marketing renouvelé . 48 La fièvre Ski-Doo . 50 L’intégration verticale . 54 Le premier Sea-Doo . 57 001-304 Bombardier.indd 297 12-03-22 3:05 PM DEUXIÈME PARTIE CHAPITRE 3 La diversification ou la mort : les années 1970 . 63 Une décennie éprouvante. 63 Orientation nouvelle : le transport sur rail . 66 Le métro de Montréal . 69 L’acquisition de MLW-Worthington . 74 CHAPITRE 4 Le contrat du siècle : le métro de New York (1982) . 81 Une occasion en or . 81 La victoire contestée . 86 Les outils de la réussite . 91 L’approche Royer . 93 Le SMB . 98 Une percée décisive . 103 Tempêtes dans un verre d’eau . 107 La valeur des technologies éprouvées . 110 Un soutien bienvenu . 112 CHAPITRE 5 La grande conquête : le transport dans les années 1980 et 1990 . 115 Le marché nord-américain . 115 À fond de train . 117 Départ cahin-caha pour le LRC . 119 Les aléas de la grande vitesse en Amérique . 122 Le monorail Disney . 128 L’acquisition d’UTDC . 129 À la conquête de l’Europe . 134 L’odyssée du Tunnel sous la Manche . 137 Une salve d’acquisitions : de Talbot à Adtranz . 141 001-304 Bombardier.indd 298 12-03-22 3:05 PM TROISIÈME PARTIE CHAPITRE 6 L’envol de l’aéronautique . 149 Un pari audacieux . 149 Les tentatives de diversification antérieures : Le secteur de l’automobile . 152 L’acquisition de Canadair (1986) . 154 Tiercé gagnant : Shorts, Learjet, de Havilland . 160 Comment donner des ailes à des canards boiteux . 168 L’union fait la force : la synergie des opérations . 175 CHAPITRE 7 Une révolution dans le ciel : les avions régionaux . 179 Nouvelles plateformes de correspondance . 179 Du Challenger au CRJ . 182 Nouveau pilote au groupe Aéronautique . 189 Le grand décollage . 194 Le ciel se couvre . 198 Les dessous de la saga Pro-Ex . 203 Une affaire d’État . 207 L’appui des gouvernements . 209 CHAPITRE 8 Étendre ses ailes . 217 L’avion d’affaires Global Express (1991-1996) . 217 Diversification réussie . 226 QUATRIÈME PARTIE CHAPITRE 9 Deux décennies mouvementées à Valcourt . 231 Ski-Doo en perte de vitesse . 231 Pierre Beaudoin et la revanche du Sea-Doo (1988) . 233 Motoneige extrême et innovation . 238 Acquisition de moteurs hors-bord (2001) . 241 001-304 Bombardier.indd 299 12-03-22 3:05 PM CHAPITRE 10 Stratégie et gouvernance . 243 L’éminence grise . 243 La décentralisation . 247 Outils de gestion . 252 Une structure en mouvement . 255 CHAPITRE 11 Passation des pouvoirs . 259 Robert Brown aux commandes . 259 L’impact de septembre 2001 . 263 Paul Tellier se joint à Bombardier . 265 Un retour inattendu . 268 Cap sur le futur : Pierre Beaudoin et les avions CSeries . 271 L’héritage de Laurent Beaudoin . 273 NOTES BIBLIOGRAPHIQUES . 275 UN BREF HISTORIQUE DE BOMBARDIER INC. 283 INDEX . 291 REMERCIEMENTS . 295 001-304 Bombardier.indd 300 12-03-22 3:05 PM INTRODUCTION La montée d’un empire UN PARCOURS FULGURANT En 1999, Bombardier s’attire les foudres du président de la firme d’équipement ferroviaire berlinoise Adtranz, une filiale de Daimler- Chrysler AG. Le PDG allemand se rend cette année-là à Toronto et livre un discours dans lequel il annonce qu’Adtranz compte amorcer une percée en Amérique du Nord avec la ferme intention de supplanter Bombardier sur son propre territoire. N’ayant pas apprécié l’incursion du géant québécois sur le marché européen, le président d’Adtranz tient à le remettre à sa place. « Je crois fermement que, dans un proche avenir, Adtranz deviendra leader en son domaine aux États-Unis1 », proclame-t-il. Au moment où il prononce ces paroles, il ne se doute certainement pas qu’au printemps 2001, soit moins de deux ans plus tard, son rival se portera acquéreur d’Adtranz. La compagnie allemande acceptera l’offre de Bombardier pour pouvoir se concentrer sur la production d’automobiles, qui est en fait son principal secteur d’activité. À la suite de cette acquisition, les revenus de la division d’équipement ferroviaire de Bombardier vont atteindre 8 milliards de dollars, soit plus du double de ce qu’ils étaient auparavant. En achetant Adtranz, Bombardier va s’enrichir d’une société productrice jouissant d’une grande expertise dans le matériel roulant et les systèmes de propulsion, et devenir ainsi le numéro un mondial de l’industrie ferroviaire, surpassant le conglomérat franco-britannique Alstom et le géant industriel allemand Siemens. 001-304 Bombardier.indd 11 12-03-22 3:05 PM 12 Bombardier L’ascension qui va mener Bombardier aux plus hauts sommets de l’industrie s’amorce en 1974, année où la ville de Montréal commande à la compagnie plusieurs centaines de voitures pour son réseau de métro. L’expertise développée tout au long de ce projet permet à la firme québécoise de décrocher plusieurs gros contrats aux États-Unis, dont une commande de voitures de métro pour la New York City Transit Authority en 1982, un contrat d’une valeur de 1 milliard de dollars. Les fabricants d’équipement ferroviaire nord-américains éprouvent de sérieuses difficultés à cette époque, résultat d’un déclin graduel amorcé juste après la Deuxième Guerre à cause de la popularité sans cesse grandissante de l’avion et de l’automobile comme moyens de transport. La plupart des grands manufacturiers ferroviaires américains comme Pullman n’existent déjà plus au début des années 1990. Les actifs de Pullman ont d’ailleurs été rachetés par Bombardier en 1988, après ceux de Budd en 1987. Il ne reste en fait aux États-Unis qu’un seul producteur national majeur, la Morrison Knudsen Corporation, un géant de la construction ayant à son actif de grandes réalisations comme le barrage Hoover et le pont de la baie de San Francisco. Menée par un nouveau PDG dynamique du nom de William Agee – qui auparavant a tenu les rênes de la Bendix Corporation –, Morrison Knudsen se lance avec fougue et détermination dans la production d’équipement ferroviaire. Le conglomérat basé à Boise dans l’Idaho livre pendant un temps une lutte féroce à Bombardier et à ses autres concurrents en soumettant des offres en moyenne 7 pour cent moins chères que celles de ses rivaux. Cette stratégie lui permet de décrocher six des huit contrats pour lesquels elle présente des soumissions entre 1990 et 1992, vendant ainsi plus de 500 véhicules ferroviaires avec une option pour 1 000 autres unités. En comparaison, Bombardier remporte les deux tiers de ses soumissions en 1988 et à peine un tiers en 1992 – un résultat beaucoup moins reluisant que celui de son concurrent. Il faut dire que Morrison Knudsen doit une bonne part de ses succès au Buy American Act, une loi américaine visant à favoriser l’achat de sources nationales, ainsi qu’à une nouvelle tendance de l’État et des municipalités à financer en priorité la production locale. Morrison Knudsen n’est pas toujours très nette dans ses tractations. La firme a par exemple raflé un contrat en promettant 001-304 Bombardier.indd 12 12-03-22 3:05 PM La montée d’un empire 13 que les voitures qu’elle produira seront fabriquées à 80 pour cent aux États-Unis, mais elle demande une dispense relativement à une exigence technique majeure pour laquelle deux des autres entreprises candidates ont été disqualifiées. Dans une autre attribution, un contrat lucratif visant la fabrication de véhicules ferroviaires pour une agence de transport du.
Recommended publications
  • Canada's Aviation Hall of Fame
    Volume 31, No. 2 THE Spring 2013 Canada’s Aviation Hall of Fame Canada’s Aviation Hall of Fame Panthéon de l’Aviation du Canada Dodds Finland Curtis Fraser Christensen Greenaway Burke Hitchins Boffa Floyd Fullerton Davoud Dowling Bazalgette Clarke Grossmith Capreol Hobbs Baker, A.W. Boggs Garneau Forester Deluce Collishaw Beaudoin Hadfield Agar Dunlap Carr Hollick-Kenyon Baker, R.F. Bradford Garratt Fowler, R. Bell Halton Archibald Hopson Baker, R.J. Brintnell Gilbert Fowler, W. Berry Hamilton Armstrong Balchen Hornell Bristol Dyment Godfrey Cavadias Fox Beurling Hartman Audette Dickins Baldwin Cooke Hotson Brown Graham Edwards Caywood Foy Birchall Hayter Austin Dilworth Bannock Cooper-Slipper Howe Buller Grandy Fallow Franks Chamberlin Bishop Heaslip Bjornson Dobbin Barker Crichton Hutt Burbidge Gray Fauquier Fraser-Harris Blakey Chmela Hiscocks Bain 1 Canada’s Aviation Hall of Fame Panthéon de l’Aviation du Canada CONTACT INFORMATION: OFFICE HOURS: STAFF: Tuesday - Friday: 9 am - 4:30 pm Executive Director - Rosella Bjornson Canada’s Aviation Hall of Fame Closed Mondays Administrator - Dawn Lindgren * NEW - PO Box 6090 Wetaskiwin AB Acting Curator - Robert Porter * NEW - T9A 2E8 CAHF DISPLAYS (HANGAR) HOURS: Phone: 780.361.1351 Tuesday to Sunday: 10 am - 5 pm Fax: 780.361.1239 Closed Mondays BOARD OF DIRECTORS: Website: www.cahf.ca Winter Hours: 1 pm - 4 pm Email: [email protected] Please call to confirm opening times. Tom Appleton, ON, Chairman James Morrison, ON, Secretary, Treasurer Barry Marsden, BC, Vice-Chairman Denis Chagnon, QC
    [Show full text]
  • Proxy2019 (NEXTGEN)
    BOMBARDIER INC. NOTICE OF ANNUAL MEETING OF SHAREHOLDERS 2020 YOUR VOTE IS IMPORTANT As used in this management proxy circular, all references to Bombardier, the Corporation, we, us or similar terms are to Bombardier Inc. Date: Thursday, June 18, 2020 Time: 10:30 a.m. (Montréal time) By order of the Board of Directors, Place: Espace Mansfield 1230 Mansfield Street Montréal, Québec, Canada H3B 2Y3 The holders of Class A shares (multiple voting) and/or Class B shares (subordinate voting) of Bombardier Inc. whose names Steeve Robitaille appear on the list of shareholders of Bombardier Inc. on Senior Vice President, General Counsel Wednesday, May 6, 2020, at 5:00 p.m. (Montréal time) will be and Corporate Secretary entitled to receive this notice of the meeting of shareholders Montréal, Québec, Canada, May 6, 2020 and to vote at the meeting. BUSINESS ON THE AGENDA OF THE MEETING: In light of the ongoing public health concerns related to the spread of COVID-19 and in order to mitigate potential risks to 1. Receipt of the consolidated financial statements of the health and safety of its shareholders, employees, Bombardier Inc. for the financial year ended communities and other stakeholders, the Corporation is December 31, 2019 and the auditors’ report thereon; providing facilities to allow its shareholders to participate in a 2. Election of the directors of Bombardier Inc.; hybrid meeting format whereby registered shareholders and duly appointed proxyholders may attend and participate in the 3. Appointment of the auditors of Bombardier Inc. and meeting via live webcast. The legal requirements of the authorization to the directors of Bombardier Inc.
    [Show full text]
  • Bombardier's Mass Production of the Snowmobile: the Canadian Exception? Christian De Bresson and Joseph Lampel
    Document generated on 09/25/2021 6:35 a.m. Scientia Canadensis Canadian Journal of the History of Science, Technology and Medicine Revue canadienne d'histoire des sciences, des techniques et de la médecine Bombardier's Mass Production of the Snowmobile: The Canadian Exception? Christian De Bresson and Joseph Lampel Volume 9, Number 2 (29), décembre–December 1985 URI: https://id.erudit.org/iderudit/800214ar DOI: https://doi.org/10.7202/800214ar See table of contents Publisher(s) CSTHA/AHSTC ISSN 0829-2507 (print) 1918-7750 (digital) Explore this journal Cite this article De Bresson, C. & Lampel, J. (1985). Bombardier's Mass Production of the Snowmobile: The Canadian Exception? Scientia Canadensis, 9(2), 133–149. https://doi.org/10.7202/800214ar Tout droit réservé © Canadian Science and Technology Historical Association / This document is protected by copyright law. Use of the services of Érudit Association pour l'histoire de la science et de la technologie au Canada, 1985 (including reproduction) is subject to its terms and conditions, which can be viewed online. https://apropos.erudit.org/en/users/policy-on-use/ This article is disseminated and preserved by Érudit. Érudit is a non-profit inter-university consortium of the Université de Montréal, Université Laval, and the Université du Québec à Montréal. Its mission is to promote and disseminate research. https://www.erudit.org/en/ 133 BOMBARDIER'S MASS PRODUCTION OF THE SNOWMOBILE: THE CANADIAN EXCEPTION? Chris DeBresson* and Joseph Lampe1** (Although) the Canadian record in innovation is not quite as dismal as popularly supposed ... a high proportion of innovative products are custom made for one or two customers, and fail to grow into mass produced standardized products.1 A disjunction seems to have beset Canadian industrial and econ­ omic development in the last forty years.
    [Show full text]
  • Annual Report Year Ended January 31 2004
    Annual Report Year Ended January 31 2004 We’ve made alotof progress MESSAGES TO SHAREHOLDERS 20 CORPORATE GOVERNANCE 24 AEROSPACE 26 TRANSPORTATION 34 SOCIAL RESPONSIBILITY AND SUSTAINABILITY 36 FINANCIAL HIGHLIGHTS 38 FINANCIAL SECTION 39 MAIN BUSINESS LOCATIONS 136 BOARD OF DIRECTORS AND OFFICERS 137 SHAREHOLDER INFORMATION 138 read more on our rigorous action plan but on page there’s 20 still alotof progress TO BE MADE. PAUL M. TELLIER PRESIDENT AND CHIEF EXECUTIVE OFFICER Bringing in new leadership was critical, but that was just THE FIRST STEP. read more on our spirit and vision on page 22 LAURENT BEAUDOIN, FCA EXECUTIVE CHAIRMAN OF THE BOARD PIERRE ALARY SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER read more on our financials starting on page 39 Recapitalization was very important. It gave us breathing space for a while. RÉJEAN BOURQUE VICE PRESIDENT, INVESTOR RELATIONS And a new share issue was oversubscribed by $400 MILLION. Encouraging. FRANÇOIS LEMARCHAND SENIOR VICE PRESIDENT AND TREASURER We promised to reduce the risk profile at Bombardier Capital and concentrate on our most vital portfolios. And we did just that. MICHAEL DENHAM SENIOR VICE PRESIDENT, STRATEGY We divested ourselves of certain assets to concentrate on trains and planes. Focus is everything. FRANÇOIS THIBAULT VICE PRESIDENT, ACQUISITIONS Trains, where we’re number ONE in the world read more on initiatives at Transportation on page 34 WOLFGANG TOELSNER ANDRÉ NAVARRI CHIEF OPERATING OFFICER, BOMBARDIER TRANSPORTATION PRESIDENT, BOMBARDIER TRANSPORTATION read more on Aerospace’s achievements and challenges on page 26 PIERRE BEAUDOIN PRESIDENT AND CHIEF OPERATING OFFICER, BOMBARDIER AEROSPACE and planes, where we’reaworld LEADER in regional aircraft and business jets.
    [Show full text]
  • View Annual Report
    ANNUAL REPORT YEAR ENDED JANUARY 31, 2000 2000 y 31, ear ended Januar Year ended January 31, 2000 ended January 31, Year Y T AL REPOR ANNUAL REPORT ANNUAL ANNU Printed in Canada - ISBN 2-921393-45-X Legal Deposit, BibliothBibliothèqueèque nanationaletionale du QuQuébecébec 81 a TABLE OF CONTENTS a SHAREHOLDER INFORMATION 2 Highlights 4 Report to Shareholders 8 Management’s Discussion and Analysis 10 Bombardier Aerospace 18 Bombardier Transportation A Record Year 24 Bombardier Recreational Products 29 Bombardier Capital 31 Bombardier International 32 Six Sigma 34 Social Responsibility 36 Environment Share Capital Authorized and Issued as at January 31, 2000 37 Liquidity and Capital Resources 41 Financial Section Authorized Issued Class A shares 896,000,000 175,797,064 76 Main Business Locations Class B shares 896,000,000 513,011,944 78 Activities Preferred shares, Series 2 12,000,000 12,000,000 80 Board of Directors and Corporate Officers At the special and annual meeting to be held on June 20, 2000, the shareholders of Bombardier will Fiscal be asked to approve a split of both class A and class B shares on a two-for-one basis. Upon shareholders’ 81 Shareholder Information approval, the split will be effective for shareholders of record at the close of business, Montréal time, 1999-2000 on Friday, July 7, 2000. Net Income: $718.8 million Stock Exchange Listings Class A and B shares Toronto (Canada) Preferred shares, Series 2 Toronto (Canada) Class B shares Brussels (Belgium) and Frankfurt (Germany) Stock listing codes BBD (Toronto) BOM (Brussels) BBDd.F (Frankfurt) Incorporation Corporate Secretary SHAREHOLDER Media Relations The Corporation was Bombardier Inc.
    [Show full text]
  • Bombardier 2008-09 Annual Report
    OUR WAY AnnualReport,2009 EndedJanuary Year 31, FORWARD ANNUAL REPORT, YEAR ENDED JANUARY 31, 2009 www.bombardier.com FINANCIAL HIGHLIGHTS (in millions of U.S. dollars, except per share and backlog amounts) For the fiscal years ended January 31 2009 2008 Revenues $ 19,721 $ 17,506 EBIT before special item $ 1,411 $ 902 EBT before special item $ 1,273 $ 601 Income taxes $ 265 $ 122 Net income $ 1,008 $ 317 Earnings per share before special item (in dollars): Basic $ 0.57 $ 0.26 Diluted $ 0.56 $ 0.26 Earnings per share (in dollars): Basic $ 0.57 $ 0.17 Diluted $ 0.56 $ 0.16 Dividend per common share (in Cdn dollars) Class A $ 0.08 $ – Class B $ 0.08 $ – As at January 31 2009 2008 Total assets $ 21,306 $ 22,120 Shareholders’ equity $ 2,544 $ 3,118 We take pride in our employees’ engagement. We sincerely thank all Net additions to property, plant and equipment and intangible assets $ 567 $ 417 of our employees who agreed to participate in this annual report. Total backlog (in billions of dollars) $ 48.2 $ 53.6 Book value per common share (in dollars) $ 1.27 $ 1.60 Number of common shares Class A 316,582,537 316,961,957 Class B 1,413,866,601 1,413,700,636 STOCK MARKET PRicE RANGES BOMBARDIER’S STOCK PERFORMANCE (in Cdn dollars) January 31, 2006 to January 31, 2009 For the years 300 ended January 31 2009 2008 Class A 200 BiLevel, Bombardier, Bombardier 415, Challenger, Challenger 300, Challenger 604, Challenger 605, Challenger 800, CL-215, CONTESSA, CRJ, CRJ200, CRJ700, CRJ705, CRJ900, CRJ1000, High $ 9.00 $ 7.00 CS100, CS300, CSeries, CITYFLO, CX-100, EBI, ECO4, ELECTROSTAR, EnerGplan, FLEXITY, Flexjet, FLEXX, Global, Global 5000, Global Express, Global Vision, INNOVIA, INTERFLO, Learjet, *100 Learjet 40, Learjet 45, Learjet 60, Learjet 85, MITRAC, MOVIA, NextGen, ORBITA, PartsExpress, PRIMOVE, Q200, Q300, Q400, Q-Series, REGINA, Skyjet, Skyjet International, Smart Services, Low $ 3.25 $ 4.10 SPACIUM, TALENT, The climate is right for trains, TRAXX, TURBOSTAR, XR, XRS and ZEFIRO are trademarks of Bombardier Inc.
    [Show full text]
  • The Rise and Fall of Bombardier
    THE HARTMANN PAPERS: The Rise and Fall of Bombardier The first report of the expected CSeries aircraft purchase by Delta Airlines appeared in public media in mid-April 2016, and the extremely high degree of confidence with which this order was predicted pointed to the only obvious source - Bombardier. In the next two weeks until Delta actually made it official, a media circus was unleashed that had all the hallmarks of a good American TV infomercial sponsored by, again, Bombardier. It was, and still is, a well coordinated corporate marketing campaign with grossly misleading statements, buzz words from Bombardier’s junior marketing guy’s dictionary, and a focus concentrated on very few narrow and specific issues to the total exclusion of hard true facts. To this day the media repeat the “$5.6 billion value” of the Delta deal, even though Bombardier itself tacitly acknowledged - and never disputed - the reported 75% discount which brings the deal down to a mere $1.4 billion. Bombardier already announced a $500 million write-off on this “onerous deal”, acknowledged that it is not going to make profit on its CSeries aircraft until 2021, and the Airbus sales chief, who is the one who ought to know, claims that Bombardier is losing $7 million on each Delta aircraft. So when will Bombardier start making profit, and how will it pay off the accumulated multi-billion $ loses with single-digit-millions of profits made on aircraft in 5 or 10 years? The CSeries is being presented as a “game changer” and a sort of revolutionary aircraft that guarantees Bombardier’s great future.
    [Show full text]
  • 2015 Proxy Circular, Including Notice of Annual Meeting of Shareholders
    BRP INC. NOTICE OF ANNUAL MEETING OF SHAREHOLDERS AND MANAGEMENT PROXY CIRCULAR Annual meeting of shareholders will be held at 11:00 a.m. (Eastern time) on June 11, 2015 at the Laurent Beaudoin Design & Innovation Centre THIS PAGE INTENTIONALLY LEFT BLANK Letter from the Chairman of the Board of Directors and the President and Chief Executive Officer April 27, 2015 Dear Shareholders: January 31 marked the end of BRP’s second fiscal year since the company became public in May 2013. Although this second year was more complex than we anticipated, we still succeeded in increasing our revenues by 10% compared to prior year and reporting a record normalized net income thanks to the effort and engagement of our 7,600 employees. As shareholders of our company, you are cordially invited to attend the annual meeting of shareholders of BRP Inc. on June 11, 2015 at 11 a.m. EDT, at the Laurent Beaudoin Design & Innovation Centre, 754 St- Joseph Street, Valcourt, Québec, J0E 2L0. The enclosed notice of the annual meeting of shareholders and management proxy circular provides information on all matters to be acted upon by the shareholders, including information on directors nominated for election and the appointment of the Company’s auditors. The management proxy circular also provides information on our corporate governance system and compensation of our senior management. For more information about the activities offered prior to the meeting and the shuttle service to Valcourt, please visit our website at brp.com. Select the Event Calendar tab in the Investor Relations section. Your vote and participation are very important to us.
    [Show full text]
  • ANNUAL INFORMATION FORM for the Year Ended December 31, 2015
    ANNUAL INFORMATION FORM For the year ended December 31, 2015 February 17, 2016 NOTES (1) In this Annual Information Form, all monetary amounts are expressed in U.S. dollars, unless otherwise indicated. Certain totals, subtotals and percentages may not agree due to rounding. (2) Bombardier, Challenger, Challenger 300, Challenger 350, Challenger 605, Challenger 650, CRJ, CRJ700, CRJ900, CRJ1000, CS100, CS300, C Series, FlexCare, FLEXITY, Global, Global 5000, Global 6000, Global 7000, Global 8000, INNOVIA, Q400, Learjet, Learjet 75, Learjet 85, MOVIA, OMNEO, PRIMOVE, TALENT, TRAXX and The Evolution of Mobility are trademarks belonging to Bombardier Inc. or its subsidiaries. (3) This Annual Information Form contains references to trademarks of third parties for the purpose of describing Bombardier’s competitive environment and the development of its business. (4) In this Annual Information Form, the term “Bombardier” means, as required by the context, the Corporation and its subsidiaries on a consolidated basis or the Corporation or one or more of its subsidiaries. The term “Transportation” refers to the Corporation’s transportation reportable segment, the term "Business Aircraft" refers to the Corporation’s business aircraft reportable segment, the term “Commercial Aircraft” refers to the Corporation’s commercial aircraft reportable segment, the term “Aerostructures and Engineering Services” refers to the Corporation’s aerostructures and engineering services reportable segment and the term “Aerospace” refers, as the context may require prior to January 1, 2015, to the Corporation's prior aerospace reportable segment, or since, January 1, 2015, collectively to Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. (5) Information is as at December 31, 2015, unless otherwise noted.
    [Show full text]
  • Brp Inc. Annual Information Form April 9, 2020 Fiscal Year Ended January 31, 2020
    BRP INC. ANNUAL INFORMATION FORM APRIL 9, 2020 FISCAL YEAR ENDED JANUARY 31, 2020 TABLE OF CONTENTS EXPLANATORY NOTES .............................................................................................................................. 1 CORPORATE STRUCTURE ........................................................................................................................ 4 GENERAL DEVELOPMENT OF THE BUSINESS ...................................................................................... 5 BUSINESS OF THE COMPANY AND ITS INDUSTRY ............................................................................... 7 RISK FACTORS ......................................................................................................................................... 27 DIVIDENDS ................................................................................................................................................. 48 DESCRIPTION OF THE CAPITAL STRUCTURE ..................................................................................... 49 MARKET FOR SECURITIES AND TRADING PRICE AND VOLUME ...................................................... 55 DIRECTORS AND OFFICERS ................................................................................................................... 56 LEGAL PROCEEDINGS AND REGULATORY ACTIONS ........................................................................ 66 INTEREST OF MANAGEMENT AND OTHERS IN MATERIAL TRANSACTIONS .................................. 67 INDEPENDENT AUDITOR,
    [Show full text]
  • Bombardier's Mass Production of the Snowmobile: the Canadian Exception? Christian De Bresson Et Joseph Lampel
    Document généré le 30 sept. 2021 04:45 Scientia Canadensis Canadian Journal of the History of Science, Technology and Medicine Revue canadienne d'histoire des sciences, des techniques et de la médecine Bombardier's Mass Production of the Snowmobile: The Canadian Exception? Christian De Bresson et Joseph Lampel Volume 9, numéro 2 (29), décembre–december 1985 URI : https://id.erudit.org/iderudit/800214ar DOI : https://doi.org/10.7202/800214ar Aller au sommaire du numéro Éditeur(s) CSTHA/AHSTC ISSN 0829-2507 (imprimé) 1918-7750 (numérique) Découvrir la revue Citer cet article De Bresson, C. & Lampel, J. (1985). Bombardier's Mass Production of the Snowmobile: The Canadian Exception? Scientia Canadensis, 9(2), 133–149. https://doi.org/10.7202/800214ar Tout droit réservé © Canadian Science and Technology Historical Association / Ce document est protégé par la loi sur le droit d’auteur. L’utilisation des Association pour l'histoire de la science et de la technologie au Canada, 1985 services d’Érudit (y compris la reproduction) est assujettie à sa politique d’utilisation que vous pouvez consulter en ligne. https://apropos.erudit.org/fr/usagers/politique-dutilisation/ Cet article est diffusé et préservé par Érudit. Érudit est un consortium interuniversitaire sans but lucratif composé de l’Université de Montréal, l’Université Laval et l’Université du Québec à Montréal. Il a pour mission la promotion et la valorisation de la recherche. https://www.erudit.org/fr/ 133 BOMBARDIER'S MASS PRODUCTION OF THE SNOWMOBILE: THE CANADIAN EXCEPTION? Chris DeBresson* and Joseph Lampe1** (Although) the Canadian record in innovation is not quite as dismal as popularly supposed ..
    [Show full text]
  • Karl James Moore
    KARL JAMES MOORE Office: Faculty of Management McGill University 1001 Sherbrooke West Montreal, Canada, H3A 1G5 (514) 398-4138 [email protected] EDUCATION 1995 York University, Toronto Schulich School of Business Ph.D. in Marketing, minor in Strategy Dissertation: Title: "Global Mandates/CEOs and Subsidiary Specific Advantages." 1979 University of Southern California, Los Angeles Master of Business Administration Major in Managerial Decision Systems. Dean’s Honour List Graduated Magma Cum Laude 1977 Ambassador University, Pasadena, California Bachelor of Science in Business Dean’s Honour List and Magma Cum Laude PROFESSIONAL Certification in Product and Inventory Management, QUALIFICATION 1989 ACADEMIC POSITIONS Sept. 2000-Present McGill University Associate Professor (2003 - Present) Visiting Professor Desautels Faculty of Management Associate Professor (2005 – Present) Department of Neurology & Neurosurgery Faculty of Medicine Notable Initiatives: • Teach strategy and leadership in the M.B.A., B.Com and Executive programs. • Cycle Director for the Advanced Leadership Program with Henry Mintzberg • Module Director for the International Masters in Practicing Management. 1 • Co-Module Director of the International Masters for Health Leadership. • Founding Member of the MD Lead group for physician management training. • Member of the Operating Committee (2003-2004) • Member of the Senate (2004-2006) 1995-Present Green Templeton College, Oxford University Associate Fellow Fellow in Strategy Taught strategy and marketing in executive programs, MBA, MPhil and doctoral programs. REFEREED ARTICLES – + 3400 Google Scholar citations 2017 Moore, Karl, “Review of The Code Economy: A Forty-Thousand History,” Business History Review, Volume 92, Issue 4, pages 601-03. 2015 Reid, Susan, Deborah Roberts and Karl Moore, “The Impact of Technology Vision on Early Success: The Case for Radically New, High-Tech Products”, Journal of Product Innovation Management, Volume 32, Issue 4, pages 593- 609.
    [Show full text]