With rumors that the new Biden administration is set to kill the Keystone XL pipeline, the Canadian Manufacturers and Exporters (CME) is expressing concern over the loss of access to the U.S. market.
The group calls on the Canadian government to take action to preserve Canadian manufacturers’ access to the U.S. government procurement market.
The CME noted that President-elect Joe Biden is expected to strengthen the Buy American Act immediately after his inauguration on January 20. Instead, he prefers a “Buy North American” plan.
“Canada, Mexico and the United States no longer trade with each other – we build things together. Excluding each other from our respective public markets could seriously harm our fragile economic recovery, ”said Dennis Darby, President and CEO of CME.
“We think our federal government needs to push this right away with the new Biden administration. It took almost a year for Canada to negotiate exemptions in 2010, when President Obama’s administration passed “Buy American” provisions.
Biden pledged executive action during his first week as president to enforce the Buy American Act of 1933. The CME said it was “imperative” that Canada renew and strengthen diplomatic ties with the new administration. in order to maintain its commercial relations.
“If we fail to convince President-elect Biden of the merits of an open public procurement market in North America, the Canadian government must be prepared to retaliate in kind by restricting the access of American companies to our business opportunities. ‘supply,’ Darby said.