{"id":49640,"date":"2024-07-23T17:02:21","date_gmt":"2024-07-23T17:02:21","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/07\/23\/removing-domestic-trade-barriers-could-add-200b-to-economy\/"},"modified":"2024-07-23T17:02:21","modified_gmt":"2024-07-23T17:02:21","slug":"removing-domestic-trade-barriers-could-add-200b-to-economy","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/07\/23\/removing-domestic-trade-barriers-could-add-200b-to-economy\/","title":{"rendered":"Removing domestic trade barriers could add $200B to economy"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n<header aria-label=\"Beginning of Article\" class=\"article-header article-header--story\">\n<nav aria-label=\"Breadcrumb\" class=\"breadcrumbs\" data-aqa=\"nav-breadcrumb\">\n<p>Breadcrumb Trail Links<\/p>\n<ol class=\"breadcrumbs__items list-unstyled\">\n<li class=\"breadcrumbs__item\">News<\/li>\n<li class=\"breadcrumbs__item\">Economy<\/li>\n<\/ol>\n<\/nav>\n<div class=\"article-header__detail\">\n<div class=\"article-header__detail__texts\">\n<p class=\"article-subtitle\">Members say it&#8217;s easier to do business in the U.S. than in another part of Canada<\/p>\n<div class=\"article-meta\">\n<p><span class=\"published-date__since\">Published Jul 23, 2024<\/span> \u00a0\u2022\u00a0 <span class=\"updated-date__since\">Last updated 2\u00a0hours ago<\/span> \u00a0\u2022\u00a0 <span class=\"published-date__word-count\">2 minute read<\/span><\/p>\n<div class=\"article-meta__bottom\">\n<div class=\"bookmark-wrapper\">\n<div class=\"popover\" data-aqa=\"popover\" data-click-to-appear=\"True\" data-container=\"\" data-container-offset=\"\" data-no-style=\"\" data-popover-component=\"\" data-position=\"top\" data-sticky=\"\" data-tail-offset=\"200\" data-tail-position=\"right\"><button class=\"popover__trigger bookmark-button\"><span class=\"save-article-button save-article-button--default\" title=\"Save article\" data-article-id=\"a3ee0ffe-5c53-4051-bfc3-09142457f18c\" data-evt-skip-click=\"true\"\/><\/button><\/p>\n<div aria-describedby=\"popover-desc-popover-bookmark\" class=\"popover__content\" hidden=\"\" role=\"dialog\">\n<div class=\"popover__content__wrapper\">\n<div class=\"popover__content__text\" id=\"popover-desc-popover-bookmark\">\n<div class=\"bookmark__popover__content\">\n<p>You can save this article by registering for free here. Or sign-in if you have an account.<\/p>\n<\/div>\n<\/div>\n<p><button class=\"popover__content__close\" data-evt-skip-click=\"true\" title=\"Close\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" viewbox=\"0 0 12 12\" class=\"icon--close\" height=\"12\" version=\"1.1\" width=\"12\"><polygon points=\"12 0.95 11.05 0 6 5.05 0.95 0 0 0.95 5.05 6 0 11.05 0.95 12 6 6.95 11.05 12 12 11.05 6.95 6\"\/><\/svg><\/button><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"featured-image\" data-aqa=\"featured-image\"><picture class=\"featured-image__ratio\"><source media=\"(min-width: 1200px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0723beer.jpg?quality=90&amp;strip=all&amp;w=564&amp;h=423&amp;type=webp&amp;sig=NEQLGnDgW-s6U9w1oezUIw,&#10;            https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0723beer.jpg?quality=90&amp;strip=all&amp;w=1128&amp;h=846&amp;type=webp&amp;sig=FS_QJo2yun72WnDjkwHF8Q 2x\" type=\"image\/webp\"><source media=\"(min-width: 1200px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0723beer.jpg?quality=90&amp;strip=all&amp;w=564&amp;h=423&amp;type=jpg&amp;sig=NWB796PLqzxudRg3NqCjZw,&#10;                https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0723beer.jpg?quality=90&amp;strip=all&amp;w=1128&amp;h=846&amp;type=jpg&amp;sig=81rE4JrxNqoTztVYNmYKHA 2x\" type=\"image\/jpeg\"><source media=\"(min-width: 768px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0723beer.jpg?quality=90&amp;strip=all&amp;w=472&amp;h=354&amp;type=webp&amp;sig=6L7Lg43ub8QZvZSkkdRJ0Q,&#10;            https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0723beer.jpg?quality=90&amp;strip=all&amp;w=944&amp;h=708&amp;type=webp&amp;sig=01arbXsYsU30M3z7DIibDg 2x\" type=\"image\/webp\"><source media=\"(min-width: 768px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0723beer.jpg?quality=90&amp;strip=all&amp;w=472&amp;h=354&amp;type=jpg&amp;sig=4hqnvvloD8Guc2stnK-qUw,&#10;                https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0723beer.jpg?quality=90&amp;strip=all&amp;w=944&amp;h=708&amp;type=jpg&amp;sig=trUH_y7SaM6tukgkARCXdw 2x\" type=\"image\/jpeg\"><source media=\"(max-width: 767px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0723beer.jpg?quality=90&amp;strip=all&amp;w=288&amp;h=216&amp;type=webp&amp;sig=DdGpoHVeaNFFQKsf1C2JBg,&#10;            https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0723beer.jpg?quality=90&amp;strip=all&amp;w=576&amp;h=432&amp;type=webp&amp;sig=rVtaFPQ8YPztYD8cFbzPwA 2x\" type=\"image\/webp\"><\/source><\/source><\/source><\/source><\/source><\/picture><figcaption class=\"featured-image__caption image-caption\"><span class=\"caption\">Domestic trade barriers that cause the most challenges to small businesses include restrictions when selling alcohol.<\/span> <span class=\"credit\">Photo by ERIC THOMAS\/AFP\/GETTY IMAGES FILES<\/span><\/figcaption><\/figure>\n<\/div>\n<\/header>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<h2 class=\"visually-hidden\">Article content<\/h2>\n<p data-async=\"\">The removal of interprovincial trade barriers could improve productivity and add as much as $200 billion to Canada\u2019s economy each year, or $5,100 per person, according to a new report by the Canadian Federation of Independent Business (CFIB).<\/p>\n<p>\u201cA lot of our members have even told us it\u2019s easier for them to trade and do business in the States than it is to do business in another part of Canada,\u201d said Keyli Loeppky, director for Alberta and interprovincial affairs at CFIB and one of the authors of the report, The State of Internal Trade: Canada\u2019s Interprovincial Cooperation Report Card. \u201cThat really speaks to just how significant these barriers can be in hampering business growth and expansion.\u201d<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_2\">\n<section aria-describedby=\"advertisment5861295822688159943158218906140672\" class=\"ad\">\n<p>Advertisement 2<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-2\">\n<div class=\"ad__inner__container\" data-ad=\"[[6,6],[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-interscroller=\"6x6\" data-ad-loc=\"2\" 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Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman, Victoria Wells and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div class=\"intro-body__anonymous\">\n<p>REGISTER \/ SIGN IN TO UNLOCK MORE ARTICLES<\/p>\n<p class=\"identity-intro__description\">Create an account or sign in to continue with your reading experience.<\/p>\n<ul class=\"list-unstyled list-checkmark\">\n<li>Access articles from across Canada with one account.<\/li>\n<li>Share your thoughts and join the conversation in the comments.<\/li>\n<li>Enjoy additional articles per month.<\/li>\n<li>Get email updates from your favourite authors.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/header>\n<div class=\"identity-screen m-x-0 p-x-0 col-xs-12 col-md-6 flex-justify-center flex-align-center\" aria-live=\"assertive\">\n<section class=\"sail\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-sailthru-personalization-engine=\"\" data-sailthru-personalization-engine-component=\"\"\/>\n<div class=\"m-x-0 p-x-0 col-xs-12 col-sm-6 col-md-12 flex-align-justify-center\" data-auth-component=\"\" id=\"auth-screen-form\">\n<div class=\"identity-screen-form--active w-full flex-align-justify-center\">\n<div class=\"identity-screen-form identity-screen__content w-full\">\n<h2 class=\"blocker-title\">Sign In or Create an Account<\/h2>\n<p><span class=\"identity-divider__line\"\/><span class=\"identity-divider__text\">or<\/span><span class=\"identity-divider__line\"\/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<footer class=\"identity-footer identity-screen__content m-x-0 p-x-0 col-sm-6 col-md-12\"\/><\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>Among small businesses surveyed, 88 per cent want to see governments move faster on removing internal trade barriers in the country. The report said the removal of these barriers could provide businesses and consumers with more choice when it comes to consumer goods, help address labour shortages and foster innovation and investment.<\/p>\n<p>Nearly half of those surveyed said they experience productivity declines from being forced to navigate multiple sets of regulations from different provinces, which also adds to the cost of doing business.<\/p>\n<p data-async=\"\">Internal trade in Canada represents around 18 per cent of Canada\u2019s gross domestic product (GDP), according to a 2022 report by the Macdonald-Laurier Institute, which also highlighted that the country\u2019s GDP is between 3.3 per cent and 6.8 per cent smaller because of internal trade costs.<\/p>\n<p data-async=\"\">In 2017, the provinces came together to sign the Canadian Free Trade Agreement (CFTA) to create a way to solve these trade regulation differences. However, the provinces have been slow to implement the 30 reconciliation items they committed to in the trade agreement. Only 18 have been implemented in the past seven years.<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_3\">\n<section aria-describedby=\"advertisment1831447221003550356337184095600640\" class=\"ad\">\n<p>Advertisement 3<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-3\">\n<div class=\"ad__inner__container\" data-ad=\"[[7,7],[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-interscroller=\"7x7\" data-ad-loc=\"3\" data-ad-mobile=\"[[7,7],[300,250],[320,50],[300,50]]\" data-aqa=\"advertisement\" id=\"ad-3\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>\u201cThat\u2019s not great in my book,\u201d Loeppky said. \u201cBusinesses are certainly not feeling it on the ground when it comes to the barriers they\u2019re facing.\u201d<\/p>\n<p>Domestic trade barriers that cause the most challenges to small businesses include restrictions when selling alcohol and food (meat and cheeses), registering with multiple workers\u2019 compensation boards, the recognition of certifications in different jurisdictions, complying with different occupational health and safety standards, and the cost and wait times associated with applying for different provincial licences across the board.<\/p>\n<p>The report graded Manitoba as the best in its efforts to reduce trade barriers, with Alberta following close behind. Quebec was ranked as the worst for its efforts to reduce trade barriers.<\/p>\n<p>Loeppky said that removing these barriers is a low-cost way to spur business investment. One solution is the concept of mutual recognition, which means every province allows any good, service or credential to automatically be considered compliant.<\/p>\n<section aria-labelledby=\"moreTopicLabel6746364831129488791556020466876416\" class=\"more-topic\" data-aqa=\"embed-more-topic\" data-carousel-component=\"\" data-carousel-icon-button=\"\" data-carousel-type=\"list\">\n<p>Recommended from Editorial<\/p>\n<p><button aria-hidden=\"true\" class=\"more-topic__button-prev\" data-carousel-prev=\"\" tabindex=\"-1\" title=\"previous\" type=\"button\"\/><\/p>\n<ol class=\"more-topic__items list-unstyled\" data-carousel-slide-list=\"\" tabindex=\"0\">\n<li data-evt-val=\"{\" control_fields=\"\" largest=\"\" trading=\"\" partnership=\"\" in=\"\" the=\"\" world=\"\" is=\"\" being=\"\" tested=\"\" data-carousel-item=\"\" data-evt=\"click\" data-evt-typ=\"click\"> <picture class=\"more-topic__item-image\"><img decoding=\"async\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2024\/07\/ambassador-bridge-0715-ph.jpg?h=96&amp;strip=all&amp;quality=80&amp;sig=3KcVcjpZI-uMZaN1MZsdDQ\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2024\/07\/ambassador-bridge-0715-ph.jpg?h=96&amp;strip=all&amp;quality=80&amp;sig=3KcVcjpZI-uMZaN1MZsdDQ, https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2024\/07\/ambassador-bridge-0715-ph.jpg?h=192&amp;strip=all&amp;quality=80&amp;sig=HQk-Vz3GVHjKlhPkMb7BgA 2x,&#10;                                             https:\/\/smartcdn.gprod.postmedia.digital\/nationalpost\/wp-content\/uploads\/2024\/07\/ambassador-bridge-0715-ph.jpg?h=288&amp;strip=all&amp;quality=80&amp;sig=wpc1TRGUWi9zd4ZgBFGR7Q 3x\" alt=\"Trade\" class=\"lazyload\" height=\"96\" loading=\"lazy\" width=\"96\"\/><\/picture>\n<p><span class=\"more-topic__item-text-clamp\">The largest trading partnership in the world is being tested<\/span><\/p>\n<\/li>\n<li data-evt-val=\"{\" control_fields=\"\" optimistic=\"\" about=\"\" digital=\"\" sales=\"\" tax=\"\" dispute=\"\" with=\"\" u.s.=\"\" data-carousel-item=\"\" data-evt=\"click\" data-evt-typ=\"click\"> <picture class=\"more-topic__item-image\"><img decoding=\"async\" alt=\"Finance Minister Chrystia Freeland arriving for an announcement in downtown Toronto, Ont., June 25.\" data-src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0704freeland.jpg?h=96&amp;strip=all&amp;quality=80&amp;sig=gihHe0G1el3JxMfqISNYBQ\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0704freeland.jpg?h=96&amp;strip=all&amp;quality=5&amp;sig=gQhwK3R1ZTnOqspurnuXoQ\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0704freeland.jpg?h=96&amp;strip=all&amp;quality=80&amp;sig=gihHe0G1el3JxMfqISNYBQ, https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0704freeland.jpg?h=192&amp;strip=all&amp;quality=80&amp;sig=B6ZZxknjlSQe4FZR39pmMQ 2x,&#10;                                             https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/07\/no0704freeland.jpg?h=288&amp;strip=all&amp;quality=80&amp;sig=fnvy7g7MM3EH_TvWZkRtCg 3x\" class=\"lazyload\" height=\"96\" loading=\"lazy\" width=\"96\"\/><\/picture>\n<p><span class=\"more-topic__item-text-clamp\">Freeland optimistic about digital sales tax dispute with U.S.<\/span><\/p>\n<\/li>\n<\/ol>\n<p><button aria-hidden=\"true\" class=\"more-topic__button-next\" data-carousel-next=\"\" tabindex=\"-1\" title=\"next\" type=\"button\"\/><\/section>\n<p>\u201cThere are a lot more benefits to removing these barriers than there are harms,\u201d she said. \u201cI think at a time when Canada\u2019s economy is not doing great, and productivity is a big word on everyone\u2019s mind, governments would do well to look into this.\u201d<\/p>\n<p data-async=\"\"><em>\u2022 Email: jgowling@postmedia.com<\/em><\/p>\n<p data-async=\"\"><em><strong>Bookmark our website and support our journalism:<\/strong> Don\u2019t miss the business news you need to know \u2014 add financialpost.com to your bookmarks and sign up for our newsletters here.<\/em><\/p>\n<\/section>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<\/section>\n<section class=\"article-content__share-group article-delimiter\" data-evt-val=\"{\" control_fields=\"\" data-evt-typ=\"page_scroll\">\n<p>Share this article in your social network<\/p>\n<\/section>\n<\/div>\n\n<br \/>Removing domestic trade barriers could add $200B to economy<\/a><br \/>\n<br \/>2024-07-23 17:02:21<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Breadcrumb Trail Links News Economy Members say it&#8217;s easier to do business in the U.S. than in another part of Canada Published Jul 23, 2024 \u00a0\u2022\u00a0 Last updated 2\u00a0hours ago&#8230;<\/p>\n","protected":false},"author":2,"featured_media":49641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-49640","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=49640"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/49641"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=49640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=49640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=49640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}