Economy
January 22, 2015
Alaska Calls Canada’s Bluff
Written by Sandy Williams
Alaskan plans to upgrade the Prince Rupert ferry terminal have been scrapped after Canada moved to bar a Buy America requirement for contract bids on the project. The enactment of a ruling under the Foreign Extraterritorial Measures Act would have imposed fines of up to $1.5 million (US $1.2 million) and/or jail time for corporations or individuals who disregarded the Canadian ruling.
The upgrade, which was to be funded primarily by the U.S. Federal Highway Administration, would have required American made iron and steel products used to be used for construction, despite the terminal’s location on Canadian soil.
