Overview
- The CCPA’s July 7 report brands federal and provincial efforts to scrap internal trade barriers as little more than political theatre with negligible economic returns.
- Officials have pointed to studies estimating that removing a self-imposed seven per cent tariff could boost Canada’s economy by as much as $200 billion.
- The report highlights a lack of comprehensive data on internal barriers and finds only a handful of practical examples where overlapping regulations could be eliminated.
- Chrystia Freeland’s office defends the reforms as a key tool to counter President Donald Trump’s U.S. tariffs.
- Canada’s internal trade ministers will meet in Quebec City on July 8 to hammer out remaining issues, including trucking industry regulations and detailed implementation rules under Bill C-5.