Buy American retaliation will hurt everyone

Posted by Ian:
Earlier this year a trade unionist spokesman appeared before St. Thomas council urging them to support a Buy Canadian purchasing agenda. Our elected officials wisely declined and here is why such a protectionist stance is dangerous.

Retaliating against U.S. states and cities for adopting Buy American measures is like throwing a grenade in a confined space, says Trade Minister Stockwell Day.

“Everyone gets hurt,” Day told a Canadian Chamber of Commerce luncheon Wednesday.

Day said he was concerned to hear a group of Canadian municipalities want to bar companies in protectionist countries from bidding on procurement contracts in Canada.
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