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Addressing inter-provincial trade barriers vital for small business
Toronto, June 29, 2017 – As Canada’s federal, provincial and territorial governments prepare to implement the Canadian Free Trade Agreement (CFTA) as a birthday gift for the nation on July 1st, CFIB has identified five immediate priority areas for the newly-formed Regulatory Reconciliation and Cooperation Table (RCT) to tackle.
“The devil is in the details,” said Laura Jones, CFIB executive vice president. “CFTA is a huge accomplishment, and we want to celebrate this agreement, especially in light of Canada 150. Now the hard work begins. The deal will only succeed if the various jurisdictions can effectively find mutually beneficial solutions to make trade within Canada easier for small businesses.”
Provincial, territorial and federal officials will use the RCT to tackle the obstacles to doing business inter-provincially across Canada, one by one.
“If the premiers can maintain this momentum, the agreement will provide the federal, provincial and territorial governments with an unprecedented opportunity to drive significant economic growth by reducing trade barriers within Canada,” said Corinne Pohlmann, CFIB senior vice president of national affairs. “We are now looking to the RCT to make sure that the framework put together in the CFTA works on the practical level for Canada’s small businesses.”
Five mission-critical priorities requiring immediate action
CFIB has sent a letter to each of Canada’s premiers and the Prime Minister, congratulating them for this historic agreement and urging them to quickly address key areas identified by small business owners as being the most significant impediments to interprovincial trade when the RCT group convenes:
CFIB looks forward to participating in the RCT stakeholder group, and urges the federal, provincial and territorial governments to remain focused on reducing red tape and other governmental barriers to small business trade.
For more information or to arrange an interview with Laura Jones or Corinne Pohlmann, contact Kiara Morrissey at 416-222-8022 or [email protected].
CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.