“We are committing to table legislation by the 1st of July for goods to travel across the country... free of federal barriers,“ Carney told reporters. “We can more than offset the effects of any U.S. tariffs by eliminating internal trade barriers alone.”
He said there were three main approaches to do this: harmonizing regulations across provinces, provinces' mutual recognition of rules and creating common national standards.
U.S. President Donald Trump imposed 25% tariffs on Canadian imports of steel and aluminum in March, with further tariffs to follow on April 2.
Carney, who recently became prime minister and is reportedly poised to announce on Sunday an election to take place in April, has yet to speak to Trump or lay out detailed plans on how he would deal with the president.
To speed up approvals of major infrastructure projects, Carney said the government will create a “one-window approval process” that would eliminate duplicative requirements between federal and provincial environmental assessments. He also vowed that an oil and gas cap would limit emissions not production.
To support workers and businesses affected by the tariffs, Carney said the country would ease access to the employment insurance system for laid-off workers and allow business to defer corporate income tax payments and remittances.
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