The government of Canada has invoked a rarely used rule under the Foreign Extraterritorial Measures Act to bar companies from complying with the requirement that only U.S. steel be used in the rebuilding of the Prince Rupert ferry terminal in British Columbia.
Funding for updating of the Prince Rupert Ferry Terminal is coming primarily from the U.S. Federal Highway Administration, which requires Buy America rules. The ferry terminal is leased to the U.S. but is located on land in British Columbia.
“We have been clear: the application of protectionist Buy America provisions on Canadian soil is unacceptable and an affront to Canadian sovereignty,” said Trade Minister Edward Fast. “We are prepared to exercise this order to defend Canadian interests,” he added
The decision followed weeks of talks in an attempt to reach a compromise with project officials and Alaska Governor Bill Walker. Walker said he will not seek a waiver of the purchasing rules and that bids for the project will be closed January 21.
Sandy WilliamsRead more from Sandy Williams
Latest in Steel Markets
October steel exports fall to 2023 low
US steel exports declined for the second month in a row in October, falling to the lowest monthly total so far in 2023.
November import licenses fall to recent low
A count of November license applications suggests steel imports were at their lowest monthly level in 33 months.
Dodge Momentum Index inches down in November
The Dodge Momentum Index (DMI) slipped in November due to a general decrease in slightly weaker commercial and institutional activity, according to the latest Dodge Construction Network (DCN) data.
Carbon border tax proposed in revival of Clean Competition Act
On Dec. 6, US Senator Sheldon Whitehouse (D-RI) reintroduced the Clean Competition Act, an environmental trade directive that would impose charges on imports from more carbon-intensive manufacturers.
Global steel production inches up, China’s falls in October
Global steel output inched higher from September to October, even as production declined in China, the World Steel Association (worldsteel) said in its latest monthly report.