This presentation looks at internal trade between the various provinces and territories within Canada. The focus is on removing the barriers that restrict economic growth due to various protectionism policies of the provinces and territories.
9. 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. 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/
http://blogs.wsj.com/canadarealtime/2014/08/20/canada-moves-again-to-tackle-internal-trade-barriers/
1. Let’s say for
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