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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.
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Canadian seafood industry 'relieved' with removal of their products from retaliatory tariff list
Source: CBC Politics
Date: 2026-08-27 13:22:04.0
Tags: [National, Nova Scotia, New Brunswick, Prince Edward Island, Trade, Economy, Fisheries]Finance Canada removed fish and seafood products, including lobster and crab, from its retaliatory tariff list just a day after initially imposing counter-measures on $27.6 billion worth of U.S. goods. The initial list would have subjected U.S. seafood imports to a 25 per cent tariff, which industry groups like the Lobster Processors Association and the New Brunswick Crab Processors Association warned would devastate integrated cross-border processing operations. To maintain a dollar-for-dollar and rate-for-rate response, the Ministry of Finance added copper wire, charcoal, plaster sheets, and tiles to the tariff list at a 50 per cent rate, taking effect on September 8.
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