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Showing posts with the label C.D. Howe Institute

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Canada Needs a Framework for CUSMA Renewal Before It’s Too Late (C.D. Howe)

While trade diversification is imperative, Canada must move quickly to secure a trade and security framework with the United States and Mexico ahead of the formal Canada–United States–Mexico Agreement (CUSMA/USMCA) review, according to a new Communiqué from the C.D. Howe Institute’s Trade Crisis Working Group. The group of trade and industry experts emphasized that Canada must push to conclude a new trade and security framework agreement being negotiated with the United States.  Without such a framework deal, prospects for a renewal and extension of the CUSMA, and hence for maintaining as tariff-free trade as possible, are uncertain. Growing uncertainty around tariffs, they say, is already impacting production and investment confidence, and could have long-lasting negative economic consequences on both sides of the border ... CLICK HERE for the full story

While the BC government states that, removing impediments to trade create a safer and more dependable business environment for investors, interprovincial trade remains tangled in protectionism

In just 29 words (Constitution Act Section 121) the Fathers of Confederation managed to state that:   " All Articles of the Growth, Produce, or Manufacture of any one of the Provinces shall , from and after the Union, be admitted free into each of the other Provinces . " And a s the Huffington Post commented : How beautifully succinct; how pellucidly clear. No need for clumsy jargon about "growing the economy," gauzy "visions for promoting trade," or cross-fingered promises of "working groups" to "explore opportunities." And the best part: it's already part of the supreme law of the land. Year after year after year however, both provincial and federal politicians have huffed and puffed about removing inter-provincial trade barriers.   Still 150 years later we have yet to see, or find, one news story announcing an end to these barriers. We in Canada’s two most westerly provinces (British Columbia and Alb...

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