It’s time for the provinces to lower internal barriers to free trade

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In Canada, there is nothing so hypocritical as the so-called economic union. So many regulations, prohibitions and restrictions clog the flow of goods and workers between provinces that a business in British Columbia can sell its product more easily to Washington than Alberta, or in Ontario to Europe than Quebec.

While everyone talks about dismantling these barriers, few are willing to do anything about them.

But recent events have opened a window. The best hope for progress may lie with Ontario Premier Doug Ford.

Global supply chains that have been disrupted by the pandemic, and increasing hostility from and toward China, have people talking about the need for self-sufficiency, making an open internal market more important.

A 2019 report from the International Monetary Fund states that full trade liberalization within Canada could increase GDP per capita by 4 per cent, which could be a real boost in the current recessionary times.

Read more: https://www.theglobeandmail.com/politics/article-its-time-for-the-provinces-to-lower-internal-barriers-to-free-trade/