Brazil says it will challenge Canada at the World Trade Organization for allegedly channeling unfair state subsidies to the aerospace and transportation company Bombardier.
Brazil's Foreign Ministry issued a statement today saying the Canadian government's support to Bombardier is incompatible with WTO rules and affects its Brazilian competitor Embraer.
The South American country complains about a USD 2.5 billion investment made in 2016 by the province of Quebec to help the Montreal-based company.
Brazil also says Canada's federal government plans another investment in Bombardier to artificially reduce prices of its new C-Series airplanes.
In July, Canada's government said it was following trade rules in the case.
Disclaimer: No Business Standard Journalist was involved in creation of this content
