Gerald Tremblay, the mayor of Montreal, is set to fly to London along with two senior cabinet ministers for talks with Bernie Ecclestone focused aimed at saving the Canadian Grand Prix.

A meeting of the FIA World Motor Sport Council earlier this month revealed a revised calendar for the 2009 season without the Canadian event - with the event promoter revealing that a commercial disagreement had played a key part in the decision.

Earlier this week, officials from Grand Prix du Canada were forced to deny stories that they owed a 'substantial' amount of money to Ecclestone's Formula One Management group.

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Having already said that promoting the event was no longer viable for a private group, they won't be involved in salvage talks with Ecclestone to try and get the race back on track and have already stated that 'only the government' can save the race.

As a result, Tremblay will be joined on the trip by Raymond Bachand, the Quebec minister for economic development, and Michael Fortier, the federal minister of international trade.

With the race believed to be worth as much as $75 million to the local economy, talks are now set to take place to get it back on the calendar, although Bachand wouldn't give much away about how much the government would be prepared to provide in an attempt to save the event.

"If we are able to reasonably and responsibly save this event, we will do it," he told the Montreal Gazette. "The Grand Prix is a big event, it's the biggest tourism event, but how much does it bring in concretely, not only in spinoffs, but in cash in our pockets as citizens, as taxpayers?

"I am going to negotiate with Mr. Ecclestone, so we will keep our cards to ourselves."