Canada, citing Buy American fears, says it might limit U.S. procurement opportunities

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Canada has told the Biden administration it might limit U.S. companies' ability to win Canadian procurement contracts if Washington brings in tougher 'Buy American' rules, the Canadian finance minister said on Thursday.

"When it comes to Buy American, it's important for the United States to understand that procurement is a reciprocal relationship," said Finance Minister Chrystia Freeland, who met U.S. Treasury Secretary Janet Yellen on Tuesday.

"What Canada is saying to our partners, is our procurement opportunities will be open to your companies, just as much as your procurement opportunities are open to ours. And that is something that I discussed with the secretary of the Treasury," Freeland told a televised news conference in Washington.

Months later, in 2010, the two nations struck a deal, but Canadian companies complained that many of the U.S. public works contracts had been locked up by then.

Source: News Formal (newsformal.com)

 

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