(Barrie McKenna – Globe & Mail)
The Conservative government is lashing out at rising U.S. protectionism, calling a new wave of Buy American legislation rash and economically destructive.
Trade Minister Ed Fast singled out a spate of recent bills that would block Canadian and other foreign companies from bidding on federal, state and municipal contracts across the U.S., in a statement due to be released Wednesday and in an interview with the Globe and Mail.
Dialling up Ottawa’s rhetorical outrage, Mr. Fast complained that “such policies are short-sighted and run counter to the economic interests of both the U.S. and Canada.” Buy American purchasing restrictions, he said, are disrupting North American supply chains and putting investments and jobs in both countries at risk. Read more here.