In recent months, Canada has made some major updates to our international trade agreements and priorities. We have focused on diversifying trade partners, strengthening our place amongst the United Nations, and investing heavily in domestic economy. Canadian trade regulations are split between federal and provincial governments, each regulating an important part in international and domestic economy.

Federal Oversight

Federal law outlines international frameworks for tariffs and duties, permits and controls, and national prohibitions. Tariffs are set on the basis of where the products originate from. For countries we have a free trade agreement with, tariff rates are preferential or even non-existent. Permits are generally required and regulated for agriculture, firearms, military technologies, and softwood lumber. Other products are subject to the Standards Council of Canada for inspection, labelling, quality, etc.

Interprovincial Trade

The Canadian Free Trade Agreement is designed to encourage interprovincial trading by eliminating technical barriers, promoting regulatory reconciliation, and opening up government procurement. This does not take away from provincial authority, as provinces still have exclusive responsibility to property, civil rights, and local licensing.