House of Commons Passes One Canadian Economy Act to Boost Interprovincial Trade

Canada's House of Commons has passed Bill C-5, the One Canadian Economy Act, aiming to streamline infrastructure approvals and remove federal barriers to internal trade and labor mobility. The legislation seeks to accelerate major projects like pipelines, ports, and clean energy ventures by reducing bureaucracy and promoting government accountability, with a focus on economic competitiveness and job creation. Prime Minister Mark Carney emphasized the importance of Indigenous partnership and consultation, committing to uphold Indigenous rights under the Constitution and the UN Declaration on the Rights of Indigenous Peoples, though Indigenous communities have expressed concerns that the bill could undermine their constitutional rights. The bill passed with strong support from Liberals and Conservatives despite opposition from the NDP and Bloc Québécois, and it now moves to the Senate for further consideration. Industry groups like Canadian Manufacturers & Exporters welcome the bill as a foundational step but call for continued efforts to address deeper regulatory inefficiencies. Carney's engagement with provincial premiers and Indigenous leaders signals a collaborative approach to implementing the legislation and fostering shared prosperity across Canada.