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GELOSO: Why taxpayers should fear the Buy Canadian Policy

Each year, tens of billions of dollars — more than 13% of the Canadian economy — are spent by Canadian governments on public procurement. An increase of just a few per cent in these expenditures could amount to several billion more on taxpayers’ shoulders.

In a context of rising American protectionism, governments are reinforcing preferential purchase clauses in public contracts. This approach is ill-advised and should be examined in light of the available economic data.

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