CME URGES PREMIERS TO BREAK DOWN INTERNAL TRADE BARRIERS
OTTAWA (July 9, 2019) – Canadian Manufacturers & Exporters (CME) is pleased Canada’s Premiers are meeting today in Saskatoon to discuss breaking down trade barriers and harmonizing regulations within Canada. We encourage our leaders to put aside political differences so we can start delivering overdue results for Canada’s economy.
Internal trade barriers, burdensome regulations, and stalled infrastructure projects are major drags on the Canadian manufacturing sector. For manufacturers, it is sometimes easier to trade with foreign countries than it is to trade within our own federation and, this needs to change. In fact, the International Monetary Fund (IMF) estimates that Canada is squandering up to 4 per cent of its GDP through internal trade barriers alone.
Manufacturers across the country urge the Premiers to work together to remove the throttle on Canada’s business competitiveness.
ABOUT CANADIAN MANUFACTURERS & EXPORTERS
Since 1871, Canadian Manufacturers & Exporters has been helping manufacturers grow at home and, compete around the world. Our focus is to ensure manufacturers are recognized as engines for growth in the economy, with Canada acknowledged as both a global leader and innovator in advanced manufacturing and a global leader in exporting. CME is a member-driven association that directly represents more than 2,500 leading companies who account for an estimated 82 per cent of manufacturing output and 90 per cent of Canada’s exports.
FOR MORE INFORMATION
Stefi Proulx
Director of Communications
Canadian Manufacturers & Exporters
C: 613-292-6070 | stefi.proulx@cme-mec.ca | @CME_MEC