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A new 'Buy American' plan is alarming the auto sector — and the federal government

A new 'Buy American' plan is alarming the auto sector — and the federal government

CBC
Friday, October 15, 2021 08:24:02 AM UTC

For months now, a legislative proposal inching its way through the U.S. Congress has been stoking consternation across the border.

Canadian policy-makers and businesses have been warily eyeing Buy American proposals designed to shift auto production to the U.S.

Deputy Prime Minister Chrystia Freeland said during a trip this week to Washington that she raised some of those concerns with U.S. Treasury Secretary Janet Yellen.

"It's a focus. It's a priority," Freeland told a news conference Thursday after she attended global financial meetings. "I am very aware of the proposals being discussed here in the United States."

At issue are two massive trillion-dollar bills currently before Congress that form the heart of President Joe Biden's domestic agenda. The next few weeks could decide whether they pass.

WATCH: Deputy Prime Minister Chrystia Freeland discusses 'Buy American'

One is a bipartisan infrastructure bill that's already passed the Senate. It's loaded with Buy American provisions.

Read full story on CBC
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