The Biden administration's Office of Management and Budget (OMB) has issued final guidance implementing the "Build America, Buy America" (BABA) provisions in the Infrastructure Investment and Jobs Act (IIJA).
WASHINGTON President Biden is expected to fulfill a campaign pledge Monday by detailing his Buy American plan, an initiative that will be watched closely by other countries mindful of another of his promises to mend fences with trading partners.
Domestic-purchase plans put other governments on alert, causing concern that their companies would be excluded from the U.S. s huge government-procurement market when Washington is making massive investments to fight the fallout of the Covid-19 pandemic. It s particularly relevant to Canada and the U.S. because of our deeply integrated economies, said Colin Robertson, a former Canadian diplomat who is now a vice president at the Canadian Global Affairs Institute. Once the thing goes into effect, there will be Canadian companies who will say, Oh, we are excluded. Then, they will begin to squawk.