Canadian Manufacturers & Exporters

Canadian Manufacturers & Exporters

June 09, 2009 13:48 ET

Manufacturers and Exporters Applaud Premiers for Fighting Buy American: CME

OTTAWA, ONTARIO--(Marketwire - June 9, 2009) - Canadian Manufacturers & Exporters, Canada's largest trade and industry association, today applauded Canada's premiers for the support and concerted efforts they are demonstrating in fighting protectionism in the US and Canada.

"The commitment of the premiers to work with the Prime Minister to open procurement markets in Canada and the US will help overcome the short-term challenges that many Canadian exporters are facing as a result of new Buy American restrictions," said CME President and CEO Jayson Myers. "I hope it will lead to negotiations on a new agreement that will improve upon the NAFTA, create business opportunities and save jobs in both countries."

CME is taking the lead on fighting Buy American issues. This week Myers is in Washington participating in meetings with US business and Congressional leaders in an effort to find a solution that will safeguard Canadian companies from the losses threatened by Buy American and prevent similar restrictions being imposed by Canadian municipalities resolved to adopt retaliatory actions if the issue is not resolved within 120 days.

"The protectionist clock is ticking," stated Myers. "Jobs are being lost on both sides of the border because of short sighted protectionism."

"We are asking Prime Minister Harper and President Obama - the leaders of the two largest trading partners in the world - to avoid protectionist procurement policies that destroy jobs in an integrated economy such as ours," said Myers. "The premiers' commitment is vital to resolving the situation. If we cannot find a solution that keeps markets open between Canada and the US, then heaven help the world economy from falling into the slippery slope of retaliation."

Canadian Manufacturers & Exporters (CME) is Canada's leading trade and industry association and the voice of manufacturing and global business in Canada.

The association represents more than 10,000 leading companies nationwide. More than 85% of CME's members are small and medium-sized enterprises. As Canada's leading business network, CME, through various initiatives including icosmo.ca and the establishment of the Canadian Manufacturing Coalition, touches more than 100,000 companies from coast to coast, engaged in manufacturing, global business and service-related industries.

CME's membership network accounts for an estimated 82% of total manufacturing production and 90% of Canada's exports.

Contact Information

  • CME
    Jeff Brownlee
    VP of Public Affairs
    613-238-8888 ext. 4233