New West Partnership Launched
By 250 News
Victoria, B.C. - The provinces of B.C, Alberta and Saskatchewan have launched the New West Partnership, creating what the Premiers say will be an economic powerhouse of nine million people with a combined GDP of more than $550 billion.
The New West Partnership is an agreement that will create Canada's largest interprovincial barrier-free trade and investment market and see the three westernmost provinces work together in an effort to benefit of workers, businesses and investors in all three
provinces.
The agreement was signed today at the third joint British Columbia-Alberta-Saskatchewan Cabinet meeting in Regina.
The New West Partnership contains four components:
* A comprehensive economic agreement, which will remove remaining barriers to trade, investment and labour mobility, to enhance the competitiveness of Canada's Western Provinces.
* An international co-operation agreement, that will see the three provinces co-operate on trade and investment missions to international markets, and share foreign market intelligence to advance joint interests and increase business competitiveness.
* An innovation agreement, which will enable provincial innovation efforts to be co-ordinated to better attract investment and talent, helping build critical mass of innovation activities in the West.
* A procurement agreement that will enable the provinces to capitalize on their combined buying power through the joint procurement of goods and services.
The first major undertaking of the New West Partnership will be a joint mission to China and Japan in May.
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Posted by: sum42guy2k on May 1 2010 5:02 PM
They use to call it TILMA. At its genus is the 'lowest common denominator policy' when it come to regulations governing the environment and labor... sold with some feel good efficiencies and economies of scale. Truth is it is about how to undermine provincial regulations that were originally implemented to protect something, and are to politically hot to change directly, so they go the round about way of doing it by passing these agreements and then later claiming they are only complying with trade agreements. No different they how they bring in the HST to change taxation policy they never would have dreamed of doing on a line item basis.... major policy changes by stealth is what its all about for politicians like John Rustad... provincial sovereignty and open transparency be damned.