Buy American: Creating or Costing U.S. Jobs? The Woodrow Wilson Center’s Canada Institute hosted a discussion on the economic impact of the Buy American provisions of the Obama administration’s stimulus package. The program featured remarks from Dawn Champney, President of the Water and Wastewater Equipment Manufacturers Association; Robert Baugh, Executive Director, Industrial Union Council, AFL-CIO; Jeffrey Schott, Senior Fellow, Peterson Institute for International Economics; and Christopher Whatley, Director, Washington Office, The Council of State Governments. Click here to watch the video Harper becoming deft at Canada-U.S. Relations Stephen Harper has invested heavily in his relationship with Barack Obama. About $10 billion in the General Motors bailout alone, money which, as the prime minister acknowledged at the time, is not necessarily the kind of "great buying opportunity" he predicted when the stock market crashed a year ago. But Canada, with 20 per cent of the North American auto industry, was always going to be in for one-fifth of Washington's stake in nationalizing Detroit. Click here to read the full article Say no to protectionism everywhere The folks still sporting the feisty bumper sticker, “Out of a job yet? Keep buying foreign”, need a reality check. If they think buying only Canadian-made products will help us climb out of the dirty recessionary pit we have fallen into, they are wrong. If they believe the road to renewed prosperity will be flanked by high protectionist walls that keep foreign-made products out of this country, they are deluding themselves. And a Cambridge company can show them why. Click here to read the full article
Banking (Part 2 of 4): Don't Fear Regulation As Canadian banks get set to announce their latest round of multibillion-dollar annual profits, their reputation around the world for health and stability has reached new heights. In a four-part series, we look at different views on how Canada's banks can turn domestic strength into international success. Canada's banks have no need to worry that proposed regulatory changes will put them at a competitive disadvantage to their global peers, said the head of the country's banking regulator. Click here to read the full article
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