Well I see that our Premiers meetings have wrapped up.
The number one issue of Canada's Premiers?
The American "Buy American" regulations and bills that have been passed by the Obama administration.
These federal regulations insure that no product containing any non Made in the USA materials can be used in any American project receiving any Federal stimulus funding.
Canada as an exporter of raw materials and Americas biggest trading partner of course gets nailed right between the eyes by these regulations.
I have argued before that Canadians were foolish to put all their business eggs in an American basket.
The reality is that Americans as primary trading partners are neither particularly ethical nor honest.
But here we are.
So what do we do?
This "Buy American" set of bills is almost certainly going to hurt the Americans more than we Canadians however it has already cost Canadian businesses 10's if not 100's of billions of dollars in lost markets.
And the main reason it is killing American businesses and construction projects is that just trying to identify if every single solitary component or piece of material contains a single small "Made in Canada" item is incredibly costly, if not impossible.
And things that are now happening like ripping out whole completed sections of American sewage pipelines just because a few Canadian components were possibly included is incredibly expensive.
The Premiers of Canada have given the Obama administration something like 3 months to repeal these bills.
Canadian Premiers pledge to insure full access to all Provincial and Municipal markets and projects in Canada in return.
Assuming the Obama administration fails to repeal the bills then a full blown trade war is quite probably on.
The EU and the Chinese are now preparing countervailing retaliatory trade bills to prevent Made in America products from being purchased in their home markets in response to these bills.
The Washington Post, The New York Times, The Wall Street journal have all publicly opposed these bills.
The American National Association of Manufacturers and The US Chamber of Commerce publicly oppose these bills.
A sustained trade war hurts all nations and that goes without saying.
The biggest cause of the long duration of Great Depression was world wide protectionism and sustained trade wars.
So what's happening now?
Even more anti Canadian trade bills are being crafted south of the line is what's happening.
Obama has made several speeches stating that trade protectionism would almost certainly involve the current recession become a sustained depression.
But its the same old story with Obama; watch what he does and not what he says.
And he is doing absolutely nothing to prevent his party and his administration from starting international trade wars.
The Buy American bills actually are small change compared to the new TRADE 2009 and Trade Reform bills presently being crafted.
These bills will intentionally probably destroy all trade relations with Canada and quite likely all Americas trading partners.
NAFTA and free trade will be out the window.
So I for one am hoping Obama does fail.
And its not what he says that I have any problems with.
It's what he does, or allows to happen or encourages behind the scenes to happen.