September 19, 2017

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Exclusive: Canada sought to resolve Boeing military, trade disputes at meeting – sources

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Exclusive: Canada sought to resolve Boeing military, trade disputes at meeting - sources

OTTAWA/MONTREAL (Reuters) – Canada last month attempted to end a deepening dispute with Boeing Co (BA.N) by suggesting it could withdraw a threat not to buy Super Hornet jets if the U.S. firm dropped a trade challenge against Canadian planemaker Bombardier Inc (BBDb.TO), three people with knowledge of the matter told Reuters. The informal proposal would have created an unusual link between trade and arms deals, which are typically separated in international negotiations, trade analysts said, and showed the lengths Canada is willing to go to protect Bombardier jobs. Ottawa froze talks on a planned purchase of 18 F-18 Super Hornet jets for more than $5 billion after Boeing in April launched a trade challenge accusing Bombardier of dumping its new CSeries airliners into the U.S. market.

Source:: https://finance.yahoo.com/news/exclusive-canada-sought-resolve-boeing-170739047.html

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