Inclusion of Canada in ‘Buy American’ drawing cheers, jeers

Many U.S. industry players are applauding a decision that allows Canada to take part in the "Buy American" stipulation in the American Recovery and Reinvestment Act (ARRA), but behind the scenes some U.S. mills are unhappy with the decision.

The agreement provides increased access for Canadian industry to a range of procurements in the United States and temporary access to uncommitted funding in certain programs under the ARRA.

"In the short time frame we were given, we had no way to do an economic evaluation and assess its impact," said one U.S. mill source who declined to be named. "It is very difficult to understand...

This is a preview of the article. The full article is available only to our subscribers and trial users.

Not registered AMM.COM user yet?

Subscribe today!

Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.

Subscribe Try
Sign up for the AMM Daily Alert