U.S. imposing 220% duty on Bombardier CSeries planes

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
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Looks like Boeing is out of luck in its sale of aircraft to Canada. There are lots of other manufacturers who build warplanes.

Yup.

That's what this is really about.

We've proven it's better to save our money than waste it on the military, anyway.


You're kind of a dumbo, I don't think anybody cares about your stupid proposals.

You know what's really dumb?

Dedicating your whole life to supporting free trade yet endorsing protectionist tariffs on your country.

Heirper would be so proud though. :lol:
 

justlooking

Council Member
May 19, 2017
1,312
3
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It's just Quebec, is it? Theresa May was sure trying hard to hold on to those 5000 jobs at Bombardier's Short Brothers subsidiary in Belfast ... particularly considering that the keys to her coalition government are held by ten Northern Ireland seats...

It will be interesting if, while trying to kill off Bombardier, the Yanks cause Theresa May's government to fall ... after all of the mewling and grovelling back there in London and the near DEMAND for Donald and Melania to see the Queen. There is a direct link between those thousands on Bombardier jobs in Belfast and May's future.


I don't think it will cause the gov't to collapse.
It was the NI and UK gov't together that pledged money, but Quebec was the only one to really pony up the dough.
All three have a share of the blame. Quebec probably more than the others.
But to reneg on a billion pound deal for the DUP, and crash the government over this ? No.
If it happens, its gong to be a big mess in the UK.

Only way to get back at them is the f-18 contracts..
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
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I don't think it will cause the gov't to collapse.
It was the NI and UK gov't together that pledged money, but Quebec was the only one to really pony up the dough.
All three have a share of the blame. Quebec probably more than the others.
But to reneg on a billion pound deal for the DUP, and crash the government over this ? No.
If it happens, its gong to be a big mess in the UK.

Only way to get back at them is the f-18 contracts..

You have missed the point. Theresa May's Tories have a weak minority government and they are forming a government right now only because they are in coalition with the DUP Party in Ulster that holds ten seats there. If four thousand of the very best, most high tech jobs in Ulster at Short Bros. are lost (a real possibility if Boeing's plan succeeds and Bombardier is forced into bankruptcy) the DUP pulls the plug on the Tories because the "special relationship" between the UK and USA turns out to be just more American propaganda and May is too weak to deliver the goods in a crisis. The May government is VERY weak.

Perhaps the extra cost could be absorbed by the Canadian taxpayers.

Perhaps. That's what grown-up countries do unless they are satisfied to be a Third World backwater.
 

White_Unifier

Senate Member
Feb 21, 2017
7,300
2
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You have missed the point. Theresa May's Tories have a weak minority government and they are forming a government right now only because they are in coalition with the DUP Party in Ulster that holds ten seats there. If four thousand of the very best, most high tech jobs in Ulster at Short Bros. are lost (a real possibility if Boeing's plan succeeds and Bombardier is forced into bankruptcy) the DUP pulls the plug on the Tories because the "special relationship" between the UK and USA turns out to be just more American propaganda and May is too weak to deliver the goods in a crisis. The May government is VERY weak.



Perhaps. That's what grown-up countries do unless they are satisfied to be a Third World backwater.

Well then, would this grown-up country mind subsidizing me too please?

The old USSR must have been the epitome of a grown-up country then. It taxed everything only to then subsidize everything.
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
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Well then, would this grown-up country mind subsidizing me too please?

The old USSR must have been the epitome of a grown-up country then. It taxed everything only to then subsidize everything.

Would you rather live in a country with a high tech sector or one that supplies raw materials to countries who have high tech sectors? What sort of employment generates more wealth? Seriously consider that every sophisticated economy on this planet uses tax revenues to support activities that produce much greater tax revenues (chopping down trees does not). It's like providing public education. You may whine and moan that your precious hoard is being blown teaching children how to read and write but if you lived in one of those dysfunctional shyteholes where children do not get that training, you would not have a hoard. You want to live in a third world shytehole because you want to hoard the hoard that you accumulated living in a developed sophisticated place. Support high tech activities. We will get our investment back in a big way.
 

White_Unifier

Senate Member
Feb 21, 2017
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Would you rather live in a country with a high tech sector or one that supplies raw materials to countries who have high tech sectors? What sort of employment generates more wealth? Seriously consider that every sophisticated economy on this planet uses tax revenues to support activities that produce much greater tax revenues (chopping down trees does not). It's like providing public education. You may whine and moan that your precious hoard is being blown teaching children how to read and write but if you lived in one of those dysfunctional shyteholes where children do not get that training, you would not have a hoard. You want your to be a third world shytehole because you want to board the Howard that you accumulated living in a developed sophisticated place. Support high tech activities. We will get our investment back in a big way.

don't get me wrong. I'd be all for eliminating all business taxes and then introducing a 1/3 tax on the net profits of the following four categories of businesses:

1. non-renewable-resource extraction businesses,
2. animal-husbandry businesses,
4. addictive products and services (e.g. tobacco, alcohol, gambling, etc.), and
5. other legitimately undesirable businesses.

The tax break to all other businesses would serve as a natural 'subsidy to desirable businesses.

I would advise against a trade war, but if we must have one, then I'd say impose an export tariff of X USD / kg and X USD / kw to the US. This would hurt our raw-resources industries the most and our high-tech industries the least, essentially causing a kind of reverse dutch disease by reducing Canada's exports of raw materials and so force the value of the CAD down to increase the exports of finished industrial goods.

Again, I'd advise not going down that route except if necessary as part of an all-out trade war with the US.

If Canadian raw materials to the US go up in price and the US needs to import them from somewhere, then that will also push up the price of Us manufactured goods to the world due to the overhead cost in raw resources.

And in the age of environmental stewardship, why would we want to subsidize airplane companies and so indirectly airlines and by extension air travelers who for the most part represent the middle-to-upper classes?

One would think we'd rather subsidize telecommuting technologies (like computers, smartphones, and tablets) and bicycles, not fuel-guzzling airlines. Government needs to come back down to earth.

Another thing. When Canadian taxpayers subsidize an airplane company, we're also subsidizing foreign airlines all around the world that buy that plane. Ridiculous.

Trump also shot the US in the foot given that many Bombardier parts are built in the US. Buy the way, many Boeing parts are built in Canada too.
 

JLM

Hall of Fame Member
Nov 27, 2008
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Vernon, B.C.
U.S. imposing 220% duty on Bombardier CSeries planes - Business - CBC News

I think the US was stupid to impose such a tariff since it will hurt the US just as much as it will Canada.

That said, there is a silver lining in this. Maybe it will make Canadian businesses think twice before begging the government for corporate welfare (i.e. subsidies).


Is the U.S. REALLY being stupid? It will possibly give Boeing a "shot in the arm"! :) I vaguely recall Trump using the phrase "American first" So (to me) this doesn't come as a surprise! :)
 

White_Unifier

Senate Member
Feb 21, 2017
7,300
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Is the U.S. REALLY being stupid? It will possibly give Boeing a "shot in the arm"! :) I vaguely recall Trump using the phrase "American first" So (to me) this doesn't come as a surprise! :)

You do realize that many parts of Bombardier planes are built in the US just as many Boeing parts are built in Canada, right?
 

10larry

Electoral Member
Apr 6, 2010
722
0
16
Niagara Falls
Bombardier has compound probs, alstom and siemens joined forces leaving them out in the cold, public money floating an enterprise always dampens efficiency, gov is proof of that. TO threatened to cancel their streetcar contract when they tired of waiting on bombardier for product.
The up side of this spat be we can now shop for a serviceble fighter jet replacement.

https://globalnews.ca/news/3770339/bombardier-siemens-alstom-merger/
 

JLM

Hall of Fame Member
Nov 27, 2008
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Vernon, B.C.