Thursday, August 18, 2022
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

Canada will react against any tariff

in Business, Management & Leadership
- canada will react against any tariff
Share on FacebookShare on Twitter

Ontario fires back at New York state’s ‘Buy American’ protectionist policy.

“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,” Premier Kathleen Wynne said.

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.

Leader Vic Fedeli, 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 than 300,000 manufacturing jobs.”

MPP Taras Natyshak, the NDP’s international trade critic, accused Wynne of “grandstanding.”

New York’s new rules mandate the use of American-made iron in some government construction work, amid concerns there that cheaper imports are adversely affecting American firms.

Ontario’s measures also take aim at government entities and suppliers using iron from New York.

Wynne also said Ontario is waiting on a similar situation in Texas, where “advocacy efforts are ongoing and we are hopeful for a positive outcome … we are of the position that the Texas rules do not apply to Canada.”

“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, cited by the Toronto Star.

Hejazi said that while the New York rules are narrow, they come with the promise of a group that will look at expansion to other sectors. “Right now, it’s for structural steel, but they may think about moving it to concrete, cement and aluminum,” Hejazi said.

“We need to make them understand we are not going to sit idly by and let them do that and … retaliate in some way so that U.S. companies understand this is going to hurt them, too,” concluded the academic.

Ontario’s Chamber of Commerce has urged more diplomacy. President Rocco Rossi said “positive measures,” are preferred, such as the memorandum of understanding signed last week between Wynne and Indiana Governor Eric Holcomb and the chamber’s own release of joint statements with its counterparts in several U.S. states promoting trade ties.

“No one wins a trade war,” Rossi said to the newspaper The MetroNews. “I think we have to play the long game here, and we have to continue to push for cooler heads to prevail.”

In the past year, Wynne has met with 37 U.S. governors to reinforce the importance of cross-border economic partnerships.

About $400-billion worth of trade is conducted between Ontario and the U.S. each year, and Ontario is the biggest customer of more than half of all U.S. states.

Tags: Canada will react against any tariffironprotectionist policy

Related Posts

Beyond “agree to disagree”: why leaders need to foster a culture of productive disagreement and debate
Management & Leadership

Beyond “agree to disagree”: why leaders need to foster a culture of productive disagreement and debate

International tourism consolidates strong recovery amidst growing challenges
Business

International tourism consolidates strong recovery amidst growing challenges

From tailwinds to turbulence
Business

From tailwinds to turbulence

Developing a digital mindset
Innovation

Thinking about investing in the metaverse? Let history be your guide

How financial institutions can win the battle for trust
Industry

How financial institutions can win the battle for trust

Five steps to get industries on track for net zero
Environment

Five steps to get industries on track for net zero

Global m&a industry trends: 2022 mid-year update
Industry

Global M&A industry trends: 2022 mid-year update

Zero-based transformation: the big reset
Industry

Zero-based transformation: The big reset

How has covid-19 reshaped the way americans want to work?
Industry

How has COVID-19 reshaped the way Americans want to work?

How to make blockchain and nfts work for your company
Industry

How to make blockchain and NFTs work for your company

No Result
View All Result

Recent Posts

  • U.S. existing home sales fall for sixth straight month
  • U.S. streaming overtakes cable TV viewing for the first time
  • Why people and AI make good business partners / TED
  • How the CEO’s leadership in digital transformation can tip the scales toward success
  • Retail sales flat in July amid fall in gas prices

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Interviews
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    CEO Latin America | ES

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials – george.hatfield@ceo-na.com
    Editor-in-Chief - paul.imison@ceo-na.com
    Advertising – media@ceo-na.com

    AUSTIN

    600, Congress Avenue
    14th Floor
    Austin, TX.
    78701
    USA
    +1 512 649 0340

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

    CEO Latin America | ES

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials –
    george.hatfield@ceo-na.com
    Editor-in-Chief -
    paul.imison@ceo-na.com
    Advertising –
    media@ceo-na.com

    AUSTIN

    600, Congress Avenue
    14th Floor
    Austin, TX.
    78701
    USA
    +1 512 649 0340

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • CEO Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?