Few years back the thought of going to Brazil to buy airplanes seemed like plain insanity to me. But they've managed to build decent airplanes...
As far as regional jets, I think they're at the same level, Embraer might be jumping ahead of Bombardier with their 190s... But there is no comparison when it comes to corporate jets. Embraer will never be able to compete with Bombardier's Challenger and Global Express products....
actually can anybody compete with Bombardier's Biz Jets (besides Gulfstream obviously)???