Brazil slams Bombardier subsidies

Article Abstract:

Bombardier Inc.'s funding from the Canadian government is being criticized by the Brazilian government as illegal under the new international trade laws. According to the Brazilian government's documents on Canadian subsidies, the billions of dollars in government funding has extensively increased the competitive edge of Bombardier. The documents, which have already been submitted to the World Trade Organization, also concludes that federal and provincial governments in Canada have provided Bombardier between C$2.7 billion and C$3.6 billion in illegal export subsidies.

Comment:

Its funding from the Canadian govt is being criticized by the Brazilian govt as illegal under the new intnl trade laws

Railroad Equipment, Railroad Rolling Stock Manufacturing, International economic relations, Brazil, Railroad equipment industry, Bombardier Inc., Article

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Jobs, export surge confirm recovery

Article Abstract:

The increase in the number of jobs and exports that is forecast to reverse the slowdown in the Canadian economy is discussed.

Employment, Forecasts, trends, outlooks, Administration of General Economic Programs, Jobs & Employment, Exports, Economic aspects, Forecasts and trends, Market trend/market analysis

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