Recent Trade News
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Reduced Inspection Frequencies For Meat Imported From Australia And New Zealand
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Industry Minister Pitches Changes to Interprovincial Trade
CBC News Aug 26, 2014
Industry Minister James Moore lays out recommendations ahead of annual meeting of premiers in P.E.I
Industry Minister James Moore has released potential options for reforming trade between provinces, including throwing out the current Agreement on Internal Trade (AIT).
The recommendations come ahead of the meeting of Canada's premiers in P.E.I. next week.
The report, "One Canada, One National Economy," outlines two options for improving the AIT, something the premiers have been calling for. (The agreement, which was signed in 1995, outlines the current model for trade between provinces and is built on a principle that protectionism for Canadian industries should be the default, until a case for an exception can be made.)
The first option calls for simplification of the "web of rules" that businesses face, modernization of government procurement to make it more open and creating a more comprehensive AIT.
The second proposes a redesign of the internal trade framework in Canada, similar to the basis of Canada's most recent international trade agreements.
Read Full Article on CBC News »