General Dynamics Corp, a sprawling American military manufacturer, has warned Canada against acting on its avowed intention of stopping sales of armored vehicles to Saudi Arabia.
The corporation’s Canada chapter said on Monday, “Were Canada to unilaterally terminate the contract, Canada would incur billions of dollars of liability to General Dynamics Land Systems-Canada,” referring to its subsidiary in London, Ontario.
“Terminating the contract would have a significant negative impact on our highly skilled employees, our supply chain across Canada, and the Canadian defense sector broadly,” the statement added.
Canadian Prime Minister Justin Trudeau, speaking in an interview aired on Sunday, said that he was looking for a way out of the $13 billion agreement.
He, himself, had previously acknowledged that there would be “huge penalties” if Ottawa turned its back on the deal, Reuters reported.
The premier, known for his trying to…