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Quebec Attacks Boeing for ‘Predatory’ Trade Claim on Bombardier

Quebec’s top finance official accused Boeing Co. of using its trade complaint against Bombardier Inc. to try to crush competition from Canada’s biggest aerospace company.

“Boeing is behaving in a predatory way,” Quebec Finance Minister Carlos Leitao said Tuesday at the Bloomberg Canada Fixed Income Conference in New York. “Boeing is clearly trying to drive Bombardier out of business. That’s not fair.”

Bombardier is girding for a preliminary ruling by the U.S. Commerce Department, expected later in the day, on whether tariffs should be imposed on the planemaker’s all-new C Series jet. In a complaint to trade authorities, Boeing accused Montreal-based Bombardier of selling the single-aisle aircraft in the U.S. at “absurdly low” prices while benefiting from unfair government subsidies in Canada.

Read more at Bloomberg

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