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The free trade agreements of Canada represents Canada's cooperation in multinational trade pacts and plays a large role in the Canadian economy. Canada is regularly described as a trading nation , considering its total trade is worth more than two-thirds of its GDP (the second highest level in the G7 , after Germany ).
For example in 1985, it was renamed Ministry of Industry, Trade and Technology to reflect the growing importance of technology in Ontario's economy. Since 1993, the department was mostly named the Ministry of Economic Development and Trade or some similar variations, except between 2002 and 2003 when it was briefly named Ministry of Enterprise ...
[7] [8] The Canadian government had previously said that U.S. gas prices could increase by US$0.75 per gallon overnight if tariffs were imposed. [7] Tariffs could also increase the cost of electricity in some U.S. states, especially those that rely on Canadian provinces like Ontario, Quebec, and British Columbia for energy. [7]
The Agreement on Internal Trade (AIT) entered into force on July 1, 1995, and includes government departments, agencies, commissions and Crown corporations of the 10 Canadian provinces, the three territories and the federal government. The Agreement on Internal Trade is an intergovernmental agreement between the federal government and the ...
As one of the most decentralized federations in the world, the question of internal economic and trade barriers in Canada has long been a controversial one. [1] An important consequence of the division of powers between federal and provincial authorities under Canada's constitution (Constitution Act, 1867) was the establishment of separate systems of regulation for each provinces, resulting in ...
The Government of Ontario (French: Gouvernement de l'Ontario) is the body responsible for the administration of the Canadian province of Ontario.The term Government of Ontario refers specifically to the executive—political ministers of the Crown (the Cabinet/Executive Council), appointed on the advice of the premier, and the non-partisan Ontario Public Service (whom the Executive Council ...
Export Development Canada (EDC; French: Exportation et développement Canada) is Canada's export credit agency and a Crown corporation wholly owned by the Government of Canada. Its mandate is to support and develop trade between Canada and other countries, and help Canada's competitiveness in the international marketplace.
The Canadian Commercial Corporation (CCC; French: Corporation commerciale canadienne) is a Canadian federal Crown corporation mandated to support the growth of international trade by helping Canadian exporters gain access to foreign government procurement markets and by helping government buyers abroad to obtain goods from Canada. [1]