'The war is far from over and we shall win,' Quebec premier says after Bombardier ruling

Quebec Premier Philippe Couillardcame outswinging following theU.S. government's decision to impose sky-high tariffsonthe Bombardier CSeries, accusing Canada's largest trading partner oftrying to "eliminate a competitor that makes better products."

"Boeing may have won abattle but let me tell you the war is far from over and we shall win," Couillardsaid at a news conference Wednesday, in which he called for a united front among the province's political parties.

"We're going to continueto make this remarkable plane. We're going to continue to sell it all over the world."

Tuesday's decision sent shockwaves through Quebec, with the province'stwo main opposition parties, theParti Qubcois and Coalition Avenir Qubec,callingfor an emergency debate today at the National Assembly.

Montreal-based Bombardier and the federalgovernmentalso slammed the ruling, which has stock watchers bracing for a drop in the company's shares.

• Bombardier calls 220% U.S. duty on CSeries 'absurd'
• Boeing jet purchase likely to become 1st casualty in possible trade war

The investigation was sparked by a complaint from U.S. aerospace giant Boeing, afterBombardiersecured a deal last year to sellup to 125 of its CS100stoDelta Air Lines.

Tariffs would triple cost of CS100s

In a preliminary decision, the U.S. Department of Commerce ruled that Bombardier benefited from improper government subsidies, slappingduties of nearly 220per cent, effectivelytriplingthe cost of the jets.

''The U.S. values its relationships with Canada, but even our closest allies must play by the rules," saidU.S. Commerce Secretary Wilbur Ross.

Couillard disagreed with the decision, saying the $1 billion USinvested by the province in the CSeries program was not a subsidy and that no other investment inBombardierwas currently planned.

Calling the jets the "best planes in the world," Couillard said the issue has nothing to do with subsidies.

"We [were] hit because a giant, itself created, fed by decades of government support in the U.S., has decided to eliminate a competitor that makes better products. It's as simple as that."

Steep duty 'disconnected from reality'

Olivier Marcil,Bombardier's vice-president of external relations, said the duty was "completely disconnected from reality."

"Boeing did not compete against Bombardier in the Delta deal,"Marcilsaid. "It's not like they finished number two on a deal they were not even on the playing field."

Prime Minister Justin Trudeau has promised to continue to stand withBombardierandthreatened to cut government ties with Boeing.

"Obviously, we are disappointed by the decision and I will continue to fight hard for good Canadian jobs," he said Wednesday.

Couillardsaid he asked Trudeau to make sure that "not a bolt, not a part, of course, not a plane from Boeing" enters Canada until the conflict is resolved, he said.

Boeing 'not attacking Canada'

Boeing, in fact, has a substantial presence in Canada, employing about 2,000 people, according to company spokesperson Dan Curran. Curransaid Boeingrepresents 14 per cent of the Canadian aerospace industry and contributes about $4 billion annually to the Canadian economy.

"Boeing is not suing or attacking Canada," said Curran in an emailed statement. "This is a commercial dispute withBombardier, which has sold itsC Series airplane in the United States at absurdly low prices, made possible by a major injection of public funds, in violation of U.S. and global trade laws."

"We like competition.... And Bombardier can sell its airecraft anywhere in the world," he said. "But competition and sales must respect globally accepted trade law."

Thedecision faces multiple hurdles before going into effect.Bombardier has numerous avenues to appeal, includingthe U.S. Court of International Trade, NAFTA and the WTO.

• Boeing lands direct hit in Bombardier fight, but battle is far from over

Part of Trump's pledge to 'make America great again'?

DavidBaskin, president atBaskinWealth Management in Toronto, told CBC Montreal's Daybreak "Bombardier is not on a level playing field in the United States."

"Boeing has home court advantage. Donald Trump wants to make America great again. His commerce secretary, Wilbur Ross, a billionaire in his own right, is on his side, and that's what happened yesterday," Baskin said, adding thatthe stock could take a substantial hit as a result of the ruling.

"It's a clich to say that stock markets hate uncertainty, but there's a lot of truth in it, and right now there's a tremendous amount of uncertainty regarding Bombardier."

The head of Bombardier's machinists union, for his part,charged that the "dice were loaded" in favour of Boeing.

"We knew ahead of time that we were not necessarily going to get a favourable decision. It's a temporary decision until the case is heard before the courts, but we never expected 220 percent," David Chartrand said.

"This could dramatically slow things down."