Government will not help BlackBerry

28 Aug 2013

The Canadian government has ruled out intervening to help smartphone manufacturer BlackBerry, the new Industry Minister James Moore has confirmed. As reported by Bloomberg, the minister stated: ‘This is a Canadian company with a long track record of stirring up innovation and important changes in the products we all use. They employ a great number of Canadians. It’s been a source of Canadian pride and we hope that they do well,’ but he made it clear that the goodwill felt towards BlackBerry did not translate into any plans to step in and help the financially struggling firm. Moore’s predecessor, Christian Paradis, had suggested that support might be an option to protect a ‘national champion’. BlackBerry is currently looking at options for its future including splitting up the company’s divisions, and has proposed spinning off its secure mobile messaging service into a separate subsidiary called BBM.