September 12, 2017 / 11:38 AM / 9 months ago

British, Canadian PMs set for talks on Bombardier-Boeing spat

ST. JOHN’S, Newfoundland (Reuters) - The leaders of Britain and Canada are set for talks next week on a crisis between Boeing Co and its Canadian rival Bombardier that could have major political implications for both countries, a source close to the matter said on Tuesday.

People attend the Bombardier stand during the European Business Aviation Convention & Exhibition (EBACE) at Cointrin airport in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse/Files

The source, who declined to be identified because of the sensitivity of the situation, said Canadian Prime Minister Justin Trudeau and British counterpart Theresa May would meet in Ottawa on Sept. 18.

Boeing has launched a potentially damaging trade challenge action against Bombardier, alleging it is dumping its new C-Series passenger jets on the U.S. market.

Officials say both Britain and Canada are lobbying the U.S. Commerce Department to persuade Boeing to drop the challenge, which, if successful, could cripple Bombardier’s passenger jet division and cost thousands of jobs.

Bombardier is Northern Ireland’s largest manufacturing employer and May’s governing Conservatives depend on the support of a small Northern Irish party for their majority in parliament.

Bombardier is based in the Canadian province of Quebec, where Trudeau’s Liberals say they need to increase the number of Parliamentary seats to retain their majority in an election set for 2019.

The Boeing logo is seen at their headquarters in Chicago, April 24, 2013. REUTERS/Jim Young/Files

Reporting by David Ljunggren; Editing by Chizu Nomiyama and Bernadette Baum

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