Sparky,
Up here in the Great White North, we in the inspection department most definitely do not accept overcurrent protection rated or set at more than the ampere rating of the receptacle...except under the following condition...

The Canadian Electrical Code states:

Protection and Control of Miscellaneous Apparatus

Rule 14-600
Protection of Receptacles

Receptacles shall not be connected to a branch circuit having overcurrent protection rated or set at more than the ampere rating of the receptacle except as permitted by other Sections of this Code.

Rationale for Rule 14-600.

Receptacle configurations are standardized according to voltage and ampere ratings as shown in Diagrams 1 and 2 of the CE Code, Part I. The configurations for either locking or non-locking types are arranged to prevent connection of a load greater than the rating of the receptacle.

Intent for Rule 14-600.

We intend that branch circuit overcurrent protective devices supplying receptacles be rated not larger than the rating of the receptacles, except in specific circumstances as allowed in other Sections (eg, Rule 42-004).

Rule 42-004 states that:

Rule 42-004
Receptacles and Attachment Plugs

Where a welder is cord connected, the rating of the receptacle and attachment plug shall be permitted to be less than the rating of the overcurrent devices protecting them, but not less than the ampacity of the supply conductors required for the welder.

Rationale for Rule 42-004.
To allow for portability, certain welders need to be connected by a receptacle and attachment plug cap. This Rule provides an exception to the normal requirement of receptacle sizing, as specified in Rule 14-600, because of the nature of the connected load.

Intent for Rule 42-004.
We have determined that the ampacity of the branch circuit conductors of the welder should be the determining factor in selecting the current-carrying capacity of the receptacle. Ampacity of the branch circuit conductors has been chosen rather than the rating of the overcurrent device, because the latter is sized to accommodate short-duration inrush currents, which occur during start-up, as well as the continuous current of the welding operation.