MONTREAL (CP) - Bombardier Inc. has no intention of moving its aircraft assembly lines out of Canada, a company spokeswoman said Friday.

"Bombardier is not going anywhere," Dominique Dionne said. Dionne said chief executive Paul Tellier was quoted out of context when he suggested in an interview the company could decide to move its aircraft production out of Canada if its export subsidies are slashed. Bloomberg News quoted Tellier as saying: "If that kind of support is not possible in this country, we"ll draw some conclusions, like where we're going to make planes."

Dionne said Tellier was just giving "a generic example of why we need a public policy debate" on public support for aerospace exports.