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U.S. Sees Planned Bailout for Bombardier as Trade Barrier

Posted April 08, 2016

Under Economic Issues, International Trade Issues

(Barrie McKenna – Globe & Mail)

Ottawa and Quebec face a possible new hurdle in their efforts to help Bombardier Inc. and its troubled C Series aircraft – the U.S. government.

The Obama administration has put the federal and provincial governments on notice that it considers the planned bailout of the Montreal-based company a worrisome barrier to trade, according to an annual compendium of dubious foreign practices by U.S. Trade Representative Michael Froman.

“The United States will continue to monitor carefully any government financing and support of the C Series aircraft,” according to the 2016 U.S. National Trade Estimate (NTE) Report on Foreign Trade Barriers, released last week. Click here to read more.

Related: USTR Report Identifies Canadian Barriers to Trade (GHY)