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Internal Trade and
Provincial Matters -
Canada
BY: PAUL YOUNG, CPA, CGA
Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Internal Controls
• SME – Business Process Changes
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Supply Chain ManagementContact information:
Paul_Young_CGA@Hotmail.com
Agenda
• Overview
• Analysis
• Issues
Overview
• This presentation will discuss trade between provinces and the
issue facing provinces in terms of breaking down barriers
• This presentation will also discuss provincial relations either with
the federal government or with other provinces.
GDP by Province
Manufacturing Sales by Province
Productivity
Internal Trade by Province
Source – Government of Canada
Barriers to Trade for SMEs
Cost to the Economy
• The business group says internal barriers damage productivity and
competitiveness, harm Canada’s international reputation as a
place to do business, and cost the economy as much as 14 billion
Canadian dollars ($12.8 billion) a year.
Trade Barriers Competitive Pressures
East – West Pipelines
Kinder Morgan
Source - http://www.cbc.ca/news/politics/trudeau-trans-mountain-alberta-
british-columbia-1.4524706
Blog – Provincial Relations
• http://www.cbc.ca/news/politics/trudeau-trans-mountain-alberta-british-columbia-1.452470
• Election 2015 Promise - http://www.cbc.ca/news/politics/justin-trudeau-s-majority-greeted-with-
optimism-by-provincial-premiers-1.3280093 “After nearly a decade of a prime minister notorious for
public tussles with premiers who challenged his policies, Canada's provincial leaders reacted Tuesday
to the electoral victory of a Liberal leader who has promised to work harmoniously to advance their
interests.
Here are the facts:
• Kinder Morgan Project is in limbo due to NDP BC stalling the building process - http://www.cbc.ca/news/business/pipeline-notley-horgan-1.4519530
• NF and PQ - http://www.macleans.ca/news/why-peace-wont-come-quickly-for-quebec-and-newfoundland-and-labrador/
• Manitoba was threaten by Trudeau if they did not sign the new accord - http://www.cbc.ca/news/canada/manitoba/funding-health-manitoba-1.4255391 -
Trudeau - http://www.cbc.ca/news/canada/manitoba/funding-health-manitoba-1.4255391
• Saskatchewan is standing up to Trudeau carbon tax grab - https://www.thestar.com/news/canada/2018/01/28/just-watch-me-new-saskatchewan-
premier-vows-to-fight-federal-carbon-tax.html
• Trudeau did not support East-West Pipeline - https://atlantic.ctvnews.ca/n-b-premier-makes-last-ditch-effort-to-revive-energy-east-pipeline-1.3597266
or https://globalnews.ca/news/3787809/brad-wall-federal-government-justin-trudeau-cancellation-energy-east-pipeline-equalization-payments/
•
• Source - https://www.slideshare.net/paulyoungcga/internal-provincial-trade-barriers-canada-april-2017
Comments
• “But sources say negotiations hit a snag two weeks ago when Alberta’s government sought
exemptions to the deal. One source said Alberta is proposing an exemption that would
ensure at least 20 per cent of public procurement contracts go to local companies.” Source -
http://www.theglobeandmail.com/news/politics/alberta-seeks-exemption-in-provincial-
trade-deal-to-favour-local-firms/article30752429/
• “Finance Minister Cathy Bennett said Thursday she was disappointed Quebec asked the
federal government to not extend a loan guarantee for her province’s Muskrat Falls
hydroelectric project.”Source - http://globalnews.ca/news/3029610/newfoundland-and-
labrador-reminds-quebec-about-canadian-values-on-hydro-project/
• “New Brunswick’s premier says there’s still a strong need for the proposed Energy East
pipeline despite the federal government’s approval of two pipeline expansions in western
Canada.”Source - http://globalnews.ca/news/3106253/energy-east-still-needed-despite-
approval-for-western-pipelines-n-b-premier/

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Internal Trade and Provincial Matters - Canada

  • 1. Internal Trade and Provincial Matters - Canada BY: PAUL YOUNG, CPA, CGA
  • 2. Paul Young - Bio • CPA, CGA • Academia (PF1, FA4 and MS2) • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Internal Controls • SME – Business Process Changes • SME – Emerging Technology • SME – Financial Solutions • SME – Supply Chain ManagementContact information: Paul_Young_CGA@Hotmail.com
  • 4. Overview • This presentation will discuss trade between provinces and the issue facing provinces in terms of breaking down barriers • This presentation will also discuss provincial relations either with the federal government or with other provinces.
  • 8. Internal Trade by Province Source – Government of Canada
  • 9. Barriers to Trade for SMEs
  • 10. Cost to the Economy • The business group says internal barriers damage productivity and competitiveness, harm Canada’s international reputation as a place to do business, and cost the economy as much as 14 billion Canadian dollars ($12.8 billion) a year.
  • 12. East – West Pipelines
  • 13. Kinder Morgan Source - http://www.cbc.ca/news/politics/trudeau-trans-mountain-alberta- british-columbia-1.4524706
  • 14. Blog – Provincial Relations • http://www.cbc.ca/news/politics/trudeau-trans-mountain-alberta-british-columbia-1.452470 • Election 2015 Promise - http://www.cbc.ca/news/politics/justin-trudeau-s-majority-greeted-with- optimism-by-provincial-premiers-1.3280093 “After nearly a decade of a prime minister notorious for public tussles with premiers who challenged his policies, Canada's provincial leaders reacted Tuesday to the electoral victory of a Liberal leader who has promised to work harmoniously to advance their interests. Here are the facts: • Kinder Morgan Project is in limbo due to NDP BC stalling the building process - http://www.cbc.ca/news/business/pipeline-notley-horgan-1.4519530 • NF and PQ - http://www.macleans.ca/news/why-peace-wont-come-quickly-for-quebec-and-newfoundland-and-labrador/ • Manitoba was threaten by Trudeau if they did not sign the new accord - http://www.cbc.ca/news/canada/manitoba/funding-health-manitoba-1.4255391 - Trudeau - http://www.cbc.ca/news/canada/manitoba/funding-health-manitoba-1.4255391 • Saskatchewan is standing up to Trudeau carbon tax grab - https://www.thestar.com/news/canada/2018/01/28/just-watch-me-new-saskatchewan- premier-vows-to-fight-federal-carbon-tax.html • Trudeau did not support East-West Pipeline - https://atlantic.ctvnews.ca/n-b-premier-makes-last-ditch-effort-to-revive-energy-east-pipeline-1.3597266 or https://globalnews.ca/news/3787809/brad-wall-federal-government-justin-trudeau-cancellation-energy-east-pipeline-equalization-payments/ • • Source - https://www.slideshare.net/paulyoungcga/internal-provincial-trade-barriers-canada-april-2017
  • 15. Comments • “But sources say negotiations hit a snag two weeks ago when Alberta’s government sought exemptions to the deal. One source said Alberta is proposing an exemption that would ensure at least 20 per cent of public procurement contracts go to local companies.” Source - http://www.theglobeandmail.com/news/politics/alberta-seeks-exemption-in-provincial- trade-deal-to-favour-local-firms/article30752429/ • “Finance Minister Cathy Bennett said Thursday she was disappointed Quebec asked the federal government to not extend a loan guarantee for her province’s Muskrat Falls hydroelectric project.”Source - http://globalnews.ca/news/3029610/newfoundland-and- labrador-reminds-quebec-about-canadian-values-on-hydro-project/ • “New Brunswick’s premier says there’s still a strong need for the proposed Energy East pipeline despite the federal government’s approval of two pipeline expansions in western Canada.”Source - http://globalnews.ca/news/3106253/energy-east-still-needed-despite- approval-for-western-pipelines-n-b-premier/

Editor's Notes

  1. http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/econ15-eng.htm
  2. Stats Canada
  3. http://www.tradingeconomics.com/canada/productivity High Dollar from 2003 to 2012 Lack of capital investment
  4. http://strategy.sauder.ubc.ca/antweiler/blog.php?item=2014-08-06
  5. TD Bank
  6. http://blogs.wsj.com/canadarealtime/2014/08/20/canada-moves-again-to-tackle-internal-trade-barriers/ 1. Let’s say for
  7. http://www.chamber.ca/advocacy/top-10-barriers-to-competitiveness/Booklet_Top_10_Barriers_2014.pdf Trade Barriers have been identified as #5 on the barriers to competitiveness
  8. https://www.energyeastpipeline.com/wp-content/uploads/2013/09/Energy-East-Deloitte-Economic-Benefits-Report.pdf