internal trade canada policy – trade barriers - january 2017
TRANSCRIPT
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Internal Trade Canada Policy – January 2017 BY: PAUL YOUNG, CPA, CGA
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Agenda• Overview• Analysis• Issues
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Overview• This presentation will discuss trade between provinces
and the issue facing provinces in terms of breaking down barriers
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GDP by Province
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Manufacturing Sales by Province
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Productivity
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Internal Trade by Province
Source – Government of Canada
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Barriers to Trade for SMEs
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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.
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Trade Barriers Competitive Pressures
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East – West Pipelines
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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/