‘Buy American’ deal exempts Canadian firms
CBC News
February 7, 2010
Summary: The Canadian government announced Friday that Canadian companies will be excluded from the protectionist measures within the United States’ 2009 economic stimulus plan. The ‘Buy American’ article of the U.S. stimulus package sparked immediate tensions in Canada, from those who believe economic recovery should be a coordinated effort between Canada and the United States. Though this development is undoubtedly an improvement in the bill, some argue that this measure has come to late, given the amount of American stimulus money that has already been spent.
Excerpt: ‘Canadian companies will be exempt from a protectionist “Buy American” clause in the U.S. government’s $787-billion US economic stimulus package, the federal government announced Friday.’
