Wed 27th Sep 2017
NI Chamber comment on Bombardier tax ruling: Jobs must be secured
Commenting on the Bombardier tax ruling, the Chief Executive of Northern Ireland Chamber of Commerce and Industry (NI Chamber), Ann McGregor said:
“Northern Ireland Chamber of Commerce and Industry is bitterly disappointed that the US Department of Commerce has proposed a 220% import tariff on Bombardier.
“The Canadian aerospace company is a major contributor to the Northern Ireland economy and is the largest manufacturing employer in the region with a workforce of 4,100. A total of 1,000 work on the manufacture of the wings for the new CSeries aircraft and the company also employs many more in the supply chain.
“It is imperative that the British Government works to protect these vital jobs – the imposition of the tariffs could make Bombardier question remaining in Northern Ireland where it has operations in four locations.
“The fact that Bombardier rival Boeing has complained that the company got unfair state subsidies from the UK and Canada, helping it to win a major order with Delta for regional C Series jets, does not make sense. Anyone in business knows that competition, which exists in every field, is good for the market and should be welcomed.
“We welcome the statement from the Northern Ireland Secretary of State James Brokenshire that the support given to Bombardier through repayable launch investment is legitimate, lawful and within World Trade Organisation rules.”