How much business does Toronto give to American-owned companies through city contracts?
To find out, CBC Toronto combed through open data on all of the competitive contracts the city has awarded to suppliers over the last two years — worth a collective $3.2 billion.
In that time, 10 per cent of contracts for city services were secured by American-owned companies, according to the analysis. The 76 contracts are worth a total of about $210 million or six per cent of the funds Toronto doled out through competitive procurement between Dec. 6, 2022 and March 11 of this year.
Those contracts make up just a fraction of the city’s procurement. But they provide an idea of what U.S. businesses stand to lose — and what Canadian suppliers could gain — in the trade war going forward if city council approves Mayor Olivia Chow’s promised motion to bar American companies from all future city contracts later this month.
As a US citizen, regretfully I suggest you do as little business with US companies as makes sense for your goals. Until business leaders ‘feel the pain’ this horrible situation in the US will continue. As citizens we are doing what we can, but all three branches of government have been taken over by traitors. It’s a dangerous situation, and likely to get more dangerous moving forward. I hope, that in the near future, somehow we will return to normalcy.