Canada seeks green energy exemption from Biden's Buy American policies - News Summed Up

Canada seeks green energy exemption from Biden's Buy American policies


With the prospect of a blanket exemption from Buy American policies now looking unlikely, Canada is seeking a deal that would allow Canadian firms to take part in the Biden administration's green energy push, said Canada's chief trade negotiator. He said the most likely area where the two countries could work together is on green energy and other green initiatives. Canada has the advantage, Verheul added, of being a much more reliable supplier to the U.S. than other countries might be when it comes to green energy investments. Watch: Steve Verheul on the possibility of a blanket exemption from Buy AmericanVerheul on Buy American policy Politics News 1:10 Canada's Chief Trade Negotiator Steve Verheul says "it's not likely politically possible" for Canada to be completely exempt from the U.S. Buy American policy. Asked what the impact on the Canadian economy would be if the U.S. offered Canada no exemptions from Buy American, Verheul was less optimistic.


Source: CBC News March 02, 2021 23:36 UTC



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