• Helping businesses adapt, grow, create jobs through new grants

  Source: British Columbia - Government News
  Date: 2026-08-28 18:15:00.0
  Tags: [British Columbia, National, Economy, Labour, Industry, Indigenous]

  The Governments of Canada and British Columbia have launched a $2.7 million funding initiative under Phase 2 of the Rural and Remote Employment Initiatives Fund to support northern B.C. businesses and First Nations development corporations responding to global tariffs. Administered by the Northern Development Initiative Trust (NDIT), the funding is split into two programs opening for applications on September 2, 2026: the Business Diversification and Sustainability (BDS) program, which provides grants of up to $200,000 covering up to 75% of project costs for small and medium-sized businesses totaling $1.8 million, and the First Nations Business Development Capacity Building program, which provides up to $75,000 per applicant covering up to 90% of eligible costs totaling $900,000. The investment is supported by federal funding through the Canada-British Columbia Labour Market Development Agreement as part of a broader $5-million provincial response to tariffs.

  Read Original

• Interprovincial trade barriers are falling. But rewriting old rules will take time

  Source: CBC Politics
  Date: 2026-08-28 14:14:49.0
  Tags: [National, British Columbia, Prince Edward Island, Trade, Economy, Industry]

  Federal and provincial ministers met in Iqaluit and Prince Edward Island to advance interprovincial trade agreements, building on a recent nine-province accord allowing direct-to-consumer alcohol sales across provincial lines. International Monetary Fund estimates indicate that removing internal trade barriers could increase Canada's real grossD product by up to seven per cent, or approximately $210 billion, over the long term. Priorities for ongoing discussions include securing a freer flow of services by the end of the year, harmonizing approval processes for prefabricated homes and building materials, and facilitating food trade. Meanwhile, University of Ottawa professor Wolfgang Alschner is utilizing artificial intelligence to catalogue approximately 17,000 regulatory texts across Canada to systematically identify and eliminate unnecessary trade divergences.

  Read Original