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URL:  https://boards.fool.com/canada39s-free-trade-deal-with-itself-32308465.aspx

Subject:  Canada's Free Trade Deal With Itself Date:  7/8/2016  1:02 PM
Author:  tim443 Number:  8846 of 8876

I'm hopeful but not excited. I've always thought we acted like 11 different countries when it comes to inter-provincial trade and shot ourselves in both feet regularly.

Now lets see who finds a way to screw it up?


Tim


http://www.bnn.ca/News/2016/7/8/Provinces-negotiating-final-...

Provinces negotiating final details of internal free-trade deal

Jane Taber, The Globe and Mail 8:36 AM, E.T. | July 8, 2016

Ontario Economic Minister Brad Duguid says he and his provincial and territorial counterparts will present recommendations to the premiers for an internal free-trade deal that is more ambitious and much broader in scope than “this country has ever embraced.”

The recommendations are part of a deal, two years in the making, that will replace the 20-year-old Agreement on Internal Trade, which contains protectionist barriers, inhibiting competition.

...

This new agreement is structured differently from the current AIT in that it takes a “negative list approach,” Mr. Duguid said. This means that every sector of trade is included, unless a province or territory declares it exempt.

“… At the end of the day, the beauty of the negative list is that as the economy changes and disrupts and as new sectors emerge … with the negative list it means everything is in unless it’s explicitly out.”

The current AIT uses a positive list approach. ...

...

... there is no plan to dismantle provincial supply management systems; nor will there be much change on interprovincial trade in alcohol.

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