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RSS FeedsOntario fires back at New York´s `Buy American´ policy
(The Star Toronto Raptors)

 
 

3 april 2018 01:07:19

 
Ontario fires back at New York´s `Buy American´ policy
(The Star Toronto Raptors)
 


The province has steeled itself against newly enacted “Buy American” legislation in New York State by imposing its own retaliatory rules.Premier Kathleen Wynne said the Ontario regulation came into effect April 1, the same day the state’s law came into force.“I have consistently supported open and competitive procurement because it helps create good jobs on both sides of the border, but it has to be a two-way street,” Wynne said in a statement Monday. “When Ontario workers and businesses are threatened by protectionist U.S. actions I have no choice but to respond. I will not let New York, or any other state, tilt the field in their favour without taking appropriate action.”In advance of the looming New York law, the Ontario government early in March passed Bill 194, the “Fairness in Procurement Act,” giving it the power to restrict contracts with and the use of suppliers from New York when dealing with government entities here, “if New York refused to back down,” Wynne said.While critics accused the government of unnecessarily upping the ante, others said action had to be taken.“This whole protectionist movement in the United States — if we let the Americans push us around, then they will continue to go further and further,” said Walid Hejazi, a professor at the Rotman School of Management at the University of Toronto.“We have to send the message to the Americans that we want to have trade with you — we want to have fair trade — but when you implement these kinds of protectionist measures, we are just not going to sit by and let that happen.”But Progressive Conservative Opposition Leader Vic Fedeli, who is also his party’s finance critic, blamed the Liberals for “Ontario losing its competitive advantage to the United States,” and called the retaliatory move “a last-ditch attempt to distract from their record of costing Ontario more ...


 
28 viewsCategory: Sports > Ball Sports > Basketball > NBA > Toronto Raptors
 
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