Here we go again! The Americans two weeks ago introduced the American Jobs Act. If this passes, Canadian manufacturers will once again feel the squeeze of the Buy American rules. Have the Americans not learned from their “Buy American” from a few years ago? Protectionism was one of the leading causes of the “Great Depression”. Trade barriers hurt both countries.
It is exasperating that Canada may be back in the same position it was in 2009. Led by Halton Hills, municipalities from across Canada took a stand and said enough of Americans shutting out Canadian companies from bidding on these infrastructure projects. Meanwhile US companies were allowed to bid on Canadian infrastructure projects. We have local jobs to protect. Last time around the Federal Government was very reluctant to get involved. This time around, Minister Fast was quick to criticize the new American Jobs Act. The Federation of Canadian Municipalities will be keeping a close eye on these latest developments.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment