MONTREAL — A World Trade Organization panel is moving ahead with its review of Brazil’s complaint that Bombardier Inc.’s C Series is receiving unfair subsidies after throwing out a key Canadian argument.<\/p>\n
The panel ruled against Canada’s objection that it look at four programs including Ottawa’s supercluster plan that were not included in its original complaint.<\/p>\n
Brazilian aerospace rival Embraer S.A. launched the trade dispute last year alleging Bombardier and its suppliers have received more than $3.7 billion (US$3 billion) in subsidies, which it claims have hurt its aviation industry.<\/p>\n
It argues the government subsidies have allowed Bombardier to sell the C Series at artificially low prices that distort the global market and harm competitors.<\/p>\n
Canada had argued that Brazil’s request to include the additional programs broadened the scope of the dispute beyond the original request for consultations.<\/p>\n
However, the WTO ruled that they were within the terms of reference of the panel.<\/p>\n
The WTO also rejected an argument by Canada that Brazil didn’t identify specific measures in regard to its concerns about several other programs.<\/p>\n
Bombardier’s aerospace rival has eaten away at its leadership in regional jets and is developing an updated offering to partially compete with the C Series.<\/p>\n
The WTO established a dispute settlement panel in September, a month after consultations with Canada failed to resolve Brazil’s complaint that government subsidies for the C Series are inconsistent with Canada’s WTO obligations.<\/p>\n
Companies in this story: (TSX:BBD.B)<\/p>\n","protected":false},"excerpt":{"rendered":"
MONTREAL — A World Trade Organization panel is moving ahead with its review of Brazil’s complaint that Bombardier Inc.’s C Series is receiving unfair subsidies after throwing out a key Canadian argument. The panel ruled against Canada’s objection that it look at four programs including Ottawa’s supercluster plan that were not included in its original […]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/5747"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=5747"}],"version-history":[{"count":3,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/5747\/revisions"}],"predecessor-version":[{"id":5777,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/5747\/revisions\/5777"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=5747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=5747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=5747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}