Canada could boost its economy by $200 billion a year if it removes internal trade barriers and considers adopting mutual recognition policies, says a recent study by think tank Macdonald-Laurier Institute (MLI). The report, titled “Liberalizing Internal Trade Through Mutual Recognition: A Legal and Economic Analysis,” argues that Canada’s economy has been losing billions of…
Canada’s Economy Could Increase by $200 Billion Yearly If Internal Trade Barriers Were Removed: Study
Canada’s Economy Could Boost by $200 Billion Yearly by Removing Internal Trade Barriers: Study
Canada could boost its economy by $200 billion a year if it removes internal trade barriers and considers adopting mutual recognition policies, says a recent study by think tank Macdonald-Laurier Institute (MLI). Published on Sept. 20, the report, titled “Liberalizing Internal Trade Through Mutual Recognition: A Legal and Economic Analysis,” argues that Canada’s economy has…
The Impossibility of Autarchy
Commentary The invasion of Ukraine, the spike in inflation, and the risks of supply shortages have made some politicians dust off some of the worst economic ideas in history: autarchy and protectionism. Some believe that if our nation produced everything we needed, we would all be better off because we wouldn’t depend on others. The…
Canadian Delegation Heads to Washington to Discuss Trade Concerns
A Canadian delegation is visiting Washington this week to meet with officials over a number of protectionist measures to be adopted by the United States, just weeks after leaders of the the two countries met at the North American leaders’ summit. Global Affairs Canada (GAC) says the delegation will meet with congressional leaders and stakeholders…
North Carolina Food Truck Operator Fights Protectionism
A barbeque food truck operator in North Carolina is suing a local government after it enacted protectionist regulations that boosted food truck permitting fees by close to 8,000 percent. The lawsuit, Shirley v. Town of Farmville, was filed Sept. 21, in state court in Pitt County, North Carolina, on behalf of plaintiff Mark Shirley by…
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