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U.S., Canada make it official on Buy American


Business | 206700 hits | Feb 05 7:45 am | Posted by: uwish
8 Comment

Canadian companies are now exempt from controversial Buy American provisions introduced by Washington in the wake of the recession, under a new deal that International Trade Minister Peter Van Loan has confirmed. Van Loan announced Friday morning that

Comments

  1. by avatar gonavy47
    Fri Feb 05, 2010 5:04 pm
    About time they came to their senses...but how much damage has been done by this ill-advised policy?

  2. by avatar GreenTiger
    Fri Feb 05, 2010 7:05 pm
    It's good to see that the US Congress got got their heads out there ass. I wonder which moron in Washington came up with that original idea or was it a collective case of brain freeze? In any event I'm glad they got over it.

  3. by avatar andyt
    Fri Feb 05, 2010 7:42 pm
    What about those 13 states that didn't sign - any of them big ones like California, Texas, New York. California alone has an economy equal to Canada's.

    Then what about the cities - our mayors threatened to go to buy Canadian in retaliation, meaning they don't have this policy now. Are the big US cities on board with this as well?

  4. by avatar bootlegga
    Fri Feb 05, 2010 9:33 pm
    It sounds like a good deal, but one that came too late, as most of the stimulus money has been spent already.

    Jason Meyers, the CEO of Canadian Manufacturers and Exporters, reacts to the new trade deal with the U.S., saying that although this is a good agreement for Canada, many of the contracts have already been awarded to U.S. companies.

  5. by avatar Scape
    Fri Feb 05, 2010 10:46 pm
    For this round maybe but it will set the standard for the future.

  6. by avatar CommanderSock
    Fri Feb 05, 2010 11:07 pm
    Americans can pretend they don't need Canada, but in reality...

  7. by avatar poquas
    Sat Feb 06, 2010 12:35 am
    This removed an impediment when less than 30% of the US stimulus funding is available and opens Canada up under treaty to American business having the right to bid on municipal projects that they didn’t have before.

    How is this good settlement for us? This is as ridiculous as Emerson’s softwood lumber resolution.

    :roll:

  8. by avatar Proculation
    Sat Feb 06, 2010 1:04 am
    "andyt" said
    What about those 13 states that didn't sign - any of them big ones like California, Texas, New York. California alone has an economy equal to Canada's.

    Then what about the cities - our mayors threatened to go to buy Canadian in retaliation, meaning they don't have this policy now. Are the big US cities on board with this as well?


    California's economy is much bigger than Canada's.



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