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Canada Threatens to Scrap Boeing Contracts Amid Bombardier Pricing Row

(Alwyn Scott & Alana Wise – Reuters)

Canada suggested on Thursday it could scrap plans to buy Boeing fighter jets if the United States backed Boeing’s claims that Canadian plane maker Bombardier dumped jetliners in the U.S. market.

“Canada is reviewing current military procurement that relates to Boeing,” Canadian Foreign Minister Chrystia Freeland said in a statement released late on Thursday.

Canada “strongly disagrees” with the U.S. Commerce Department decision to investigate Boeing’s claims that Bombardier sold planes below cost in the United States and benefited unfairly from Canadian government subsidies, the statement added. Click here to read more.