Canada Removes All Federal Exceptions in Internal Free Trade Pact
Canada Removes All Federal Exceptions in Internal Free Trade Pact

Canada Removes All Federal Exceptions in Internal Free Trade Pact

News summary

The Canadian federal government has removed all 53 remaining federal exceptions under the Canadian Free Trade Agreement (CFTA), a move aimed at eliminating barriers to interprovincial trade and fostering a unified Canadian economy. Internal Trade Minister Chrystia Freeland announced this milestone on June 30, 2025, aligning with Prime Minister Mark Carney's vision to create "one Canadian economy out of 13" and fulfilling a Canada Day deadline. Key sectors impacted include financial services, commercial land development, transportation, and space projects, with the exceptions primarily related to federal procurement rules that had given preferential treatment. This action follows the passage of Bill C-5, the One Canadian Economy Act, which codifies the elimination of federal trade and labor restrictions and expedites national projects. While federal barriers have been removed, several provincial exemptions remain under review, with provinces expected to announce progress at a Committee on Internal Trade meeting on July 8. The government emphasizes collaboration with provinces and territories to strengthen the CFTA, promote mutual recognition, and ensure seamless labor mobility, all amid efforts to reduce reliance on U.S. trade amid ongoing tensions.

Story Coverage
Bias Distribution
100% Right
Information Sources
37a048d0-d1c3-4045-a275-fea6b8818300
Right 100%
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
1
Unrated
0
Last Updated
7 days ago
Bias Distribution
100% Right
Related News
Daily Index

Negative

25Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News