On December 30, 2018, CPT IS entered into force among the first six countries to ratify the agreement: Canada, Australia, Japan, Mexico, New Zealand and Singapore. On 14 January 2019, the CPTPP for Vietnam came into force. “As a fundamental right, Canadians should be able to practice their profession or trade, operate a business whose goods and services can cross provincial and territorial borders, and freely and without penalty purchase goods and services throughout this great country,” the commission wrote. Promoting stronger domestic trade in the future CFTA is creating several forward-looking processes and working groups to strengthen Canada`s economic union in the future. For example: The Solution of Regulatory Barriers Governments have agreed to establish a regulatory reconciliation process to eliminate regulatory differences between legal systems that act as an obstacle to trade. Together with the framework country, the framework country is also establishing a mechanism to promote regulatory cooperation that will allow governments to develop common regulatory approaches for emerging sectors. The Province of British Columbia is a party to a number of trade agreements, including the Trade, Investment and Labour Mobility Agreement (TILMA) and the Canadian National Free Trade Agreement (CFTA) and the New West Partnership Trade Agreement (NWPTA) and is subject to the provisions of some other trade agreements, including the World Trade Organization`s Public Procurement Agreement (OMCPA) and the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union. Departments must respect the terms of these trade agreements when contracting. By removing trade barriers, the CFTA also promotes productivity and encourages investment in Canadian communities. The Organization for Economic Co-operation and Development has indicated that Canada could increase productivity by reducing non-tariff barriers by strengthening EEA coverage and reconciling regulatory barriers. In addition, the International Monetary Fund indicated that reducing inter-provincial trade barriers in Canada would help create the appropriate conditions for expanding domestic business investment and attracting foreign direct investment.
Senators called on the Government of Canada to update the TIA and argued that the new agreement should take a negative list approach, which means it would cover anything that is not explicitly mentioned as optional. This would require governments to identify laws, regulations and directives contrary to the TIA and to change the rules or request an exception. It would also mean that all newly invented technologies and services would be automatically covered by the agreement. This is a bilateral trade agreement between Ontario and Quebec, in accordance with the CFTA. The OQTCA`s open tender thresholds for goods, services and construction are identical to those set out in the broader Public Procurement Directive and the Public Procurement Directive, including construction.