April 22, 2018

May hopes to boost Bombardier on trade mission to Canada

19 September 2017, 12:54 | Camille Rivera

Theresa May will meet Justin Trudeau today for preliminary talks on a post Brexit tradeCarlos Barria Reuters

Theresa May will meet Justin Trudeau today for preliminary talks on a post Brexit trade

May and Prime Minister Justin Trudeau are anxious about Boeing's move against Bombardier Inc, which is the single largest manufacturing employer in Northern Ireland and Canada's most important aerospace firm.

Trudeau said defending Bombardier's "excellent" C-Series aircraft "is a priority for us" and he condemned Boeing, saying its motivation for launching the complaint is "extremely narrow" and "for trade-related reasons linked to their own profits". "We won't do business with a company that's busy trying to sue us and put our aerospace workers out of business", he said.

"That's not the way the world should operate".

Speaking ahead of the visit, the Prime Minister said her visit was about recognising our past but also looking ahead to our bright future. "I am very happy to be working with Prime Minister May to explain to the American administration how Boeing's actions are harmful to workers here in Canada", Trudeau told reporters.

The U.S. Commerce Department is now investigating the complaint, and is expected to release its preliminary findings next week. It accused its rival Bombardier of selling its CSeries passenger jets to a US airline at an unfairly low price with help from government subsidies, and said the case affected its long-term economic health.

Trudeau and May also pledged a "seamless transition" to a new trade deal between Canada and the United Kingdom after Britain negotiates its exit from the European Union.

According to Open Britain, the organisation campaigning for a soft Brexit, the controversial EU-Canada trade deal - known as the Comprehensive Economic and Trade Agreement (Ceta) - is expected to boost British exports to Canada when it comes into force next week.

The Canada-EU deal, which eliminates 98% of Canadian import duties is a significant boon for British exporters, said No 10, as it announced plans for a new joint working group to work on the bilateral deal post Brexit. "We will be able to move forward in a smooth transition that keeps the essence of CETA applicable to the ways that will respect the EU's requirements and rules", said Trudeau. "This is a commercial dispute with Bombardier, which has sold its CSeries airplane in the United States at absurdly low prices. this is a classic case of dumping", it said in a statement.

The Foreign Secretary is not due to travel to with the prime minister for her flying visit to Ottawa - she is in the country for just 8 hours - but the pair will be reunited at the United Nations General Assembly summit in NY later in the week.

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