Internal Trade Canada Policy – Trade Barriers - January 2017

Internal Trade Canada Policy – January 2017 BY: PAUL YOUNG, CPA, CGA

Agenda• Overview• Analysis• Issues

Overview• This presentation will discuss trade between provinces

and the issue facing provinces in terms of breaking down barriers

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

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/