Now fully implemented, across all four western provinces, the New West Partnership Trade Agreement covers more than 30 per cent of Canada’s population
|Manitoba Premier Brian Pallister|
According to George Chow, BC’s Minister of State for Trade, the New West Partnership Trade Agreement (NWPTA) was initially put in place between the three western most provinces on July 1, 2010, and was then was fully implemented two years later (2013).
Manitoba’s adoption of the agreement, now means all four western provinces will fully share in the benefits of the New West Partnership Trade Agreement. According to Economic Development and Training Minister Ralph Eichler:
“The potential through the New West Partnership for the creation of quality jobs is in step with our government’s Manitoba Works program, which aims to generate 40,000 new jobs in our province over the next four years.”
“This trade agreement brings opportunities for new growth, and has long been called for by Manitoba business owners and chambers of commerce. It’s a chance for Manitoba to take advantage of its enormous potential with its resource wealth and its central location in Canada and North America.”
Responding to me yesterday, Minister of State for Trade George Chow remarked:
“The New West Partnership Trade Agreement (NWPTA) agreement creates a single economic region between British Columbia, Alberta, Saskatchewan and Manitoba”.
Continuing, he stated, “This economic region represents a market of more than 11 million people and a GDP greater than $750 billion”.
Just one example of the benefits of the agreement, according to Chow, is that it, “Streamlines the regulatory requirements to start and operate a business and eliminates the need to file multiple registrations and reports between the four provinces.”
BC’s participation in the initial agreement, came about during the term of Premier Gordon Campbell’s Liberal government — with Pat Bell (Minister of Jobs, Tourism and Innovation) bringing forward legislation for the provinces MLA’s to vote on.
"The New West Partnership is the gold standard across Canada in removing inter-provincial trade barriers. It proves that the best way to create jobs and lasting prosperity is by working together to make our economies more competitive by reducing red-tape, streamlining regulation and creating a common business market.
Not only has the New West Partnership helped to set the three provinces as economic leaders in Canada, but we are also better positioned to access important Asia Pacific markets."
Now fully implemented, across all four western provinces, the New West Partnership Trade Agreement covers more than 30 per cent of Canada’s population – and strengthens and expands Canada’s largest, barrier-free inter-provincial market.