Greater Vancouver Board of Trade makes several recommendations aimed at easing ability to buy and sell from province to province
As the clocks ticks down to the United States imposing tariffs on Canada, experts are praising Greater Vancouver Board of Trade recommendations to lower trade barriers found in a report released Wednesday.
The report indicates such a commitment would streamline projects, boost investment confidence and foster cooperation. Werner Antweiler, associate professor at UBC's Sauder School of Business and chair in international trade policy, said the recommendations are sensible and align with the general desire to remove such barriers.
"Too many policy differences create a patchwork of different approaches, making it harder to do business. Persistent provincial disparities in regulating business ultimately reduce economic opportunities and limit economic growth.""But generally competition reduces prices and increases benefits to the public," he said."So if some lose, that can be a good thing. Provincial governments can be overly concerned with protecting local businesses .
Speaking outside the provincial legislature, Premier David Eby Wednesday afternoon said provincial ministers responsible for internal trade, including B.C.'s Jobs, Economic Development and Innovation Minister Diane Gibson, will meet later this week to discuss improvements to Canadian Free Trade Agreement.
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