Bye, bye, “Buy American”?

Sources say deal has been reached exempting Canada from protectionist restrictions

Canada may finally have come to an agreement with the U.S. over problematic “Buy American” requirements that have shut Canadian companies out of bidding on American stimulus projects. According the Toronto Star, the deal, which the federal government has yet to announce, has been the subject of negotiations between the two countries since last fall. Sources say Canadian firms will be exempt from the protectionist measures when bidding starts on new contracts; in exchange, Canadian municipalities and provincial governments will lift their own restrictions on trade with the U.S.