New trade deal to chop red tape, knock down trade barriers across Canada

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VICTORIA — A trade agreement has been signed between all provinces, territories and the federal government to will bring down trade barriers, allowing businesses to sell their products across Canada.

Financial Post

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Ravi Kahlon, British Columbia’s minister of jobs and economic growth, announced the agreement in Victoria, although it was signed by the country’s trade ministers at a meeting in Yellowknife on Wednesday.

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The B.C. government proposed and chaired the national initiative for the Canadian Mutual Recognition Agreement, and Kahlon says it’s the largest red tape reduction in Canada’s history.

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The agreement will take effect next month and applies to thousands of products, although it excludes food, beverages, tobacco, plants, and animals.

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Kahlon says global inflation, and instability and chaos coming from the Trump administration have provided Canadians with new urgency to tackle interprovincial trade barriers.

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A statement on the agreement says it’s based on a simple principle: if a good can be sold legally in one province or territory, in can be sold in another without extra rules or approvals.

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“This eliminates the need for businesses to navigate thousands of requirements across fourteen jurisdictions.” the statement says.

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The Canadian Federation of Independent Business says in a statement that it applauds the signing of the agreement, saying it’s a landmark achievement that will finally start breaking down costly internal trade barriers.

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“The next phase should include expanding the mutual recognition agreement to services, food products, and alcohol, which still face significant internal trade barriers,” it says.

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This report by The Canadian Press was first published Nov. 19, 2025.

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