New West Partnership
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New West Partnership
The 'New West Partnership'' is set of agreements that economically integrate the Canadian provinces of Alberta, British Columbia, Saskatchewan and Manitoba. They were created on April 30, 2010. It is composed of: * the New West Partnership Trade Agreement (NWPTA) * the New West Partnership International Cooperation Agreement * the New West Partnership Innovation Agreement Trade Agreement The New West Partnership Trade Agreement (NWPTA) is an internal trade agreement that seeks to integrate the economies of three provinces. It is frequently characterized by supporters, critics, and the media as an extension of the pre-existing Trade, Investment and Labour Mobility Agreement (TILMA) between British Columbia and Alberta which was signed on 28 April 2006, and provides a virtual economic union between the two provinces. However the provincial government of Saskatchewan under the Saskatchewan Party's Brad Wall has said that the NWPTA provides more equitable treatment for Saskatchew ...
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Economic Integration
Economic integration is the unification of economic policies between different states, through the partial or full abolition of tariff and Non-tariff barriers to trade, non-tariff restrictions on trade. The trade-stimulation effects intended by means of economic integration are part of the contemporary economic Theory of the Second Best: where, in theory, the best option is free trade, with free competition and no trade barriers whatsoever. Free trade is treated as an idealistic option, and although realized within certain developed states, economic integration has been thought of as the "second best" option for global trade where barriers to full free trade exist. Economic integration is meant in turn to lead to lower prices for distributors and consumers with the goal of increasing the level of welfare, while leading to an increase of economic productivity of the states. Objective There are economic as well as political reasons why nations pursue economic integration. The ...
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Winnipeg Free Press
The ''Winnipeg Free Press'' (or WFP; founded as the ''Manitoba Free Press'') is a daily (excluding Sunday) broadsheet newspaper in Winnipeg, Manitoba, Canada. It provides coverage of local, provincial, national, and international news, as well as current events in sports, business, and entertainment and various consumer-oriented features, such as homes and automobiles appear on a weekly basis. The WFP was founded in 1872, only two years after Manitoba had joined Confederation (1870), and predated Winnipeg's own incorporation (1873). The ''Winnipeg Free Press'' has since become the oldest newspaper in Western Canada that is still active. Though there is competition, primarily with the print daily tabloid ''Winnipeg Sun'', the WFP has the largest readership of any newspaper in the province and is regarded as the newspaper of record for Winnipeg and the rest of Manitoba. Timeline November 30, 1872: The ''Manitoba Free Press'' was launched by William Fisher Luxton and John A. Kenny ...
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Treaties Concluded In 2010
A treaty is a formal, legally binding written agreement between actors in international law. It is usually made by and between sovereign states, but can include international organizations, individuals, business entities, and other legal persons. A treaty may also be known as an international agreement, protocol, covenant, convention, pact, or exchange of letters, among other terms. However, only documents that are legally binding on the parties are considered treaties under international law. Treaties vary on the basis of obligations (the extent to which states are bound to the rules), precision (the extent to which the rules are unambiguous), and delegation (the extent to which third parties have authority to interpret, apply and make rules). Treaties are among the earliest manifestations of international relations, with the first known example being a border agreement between the Sumerian city-states of Lagash and Umma around 3100 BC. International agreements were used in so ...
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Economy Of Saskatchewan
The economy of Saskatchewan has been associated with agriculture resulting in the moniker "Bread Basket of Canada" and Bread Basket of the World. According to the Government of Saskatchewan, approximately 95% of all items produced in Saskatchewan, depend on the basic resources available within the province. Various grains, livestock, oil and gas, potash, uranium, wood and their spin off industries fuel the economy. As of 2017, Saskatchewan's GDP was approximately C$79.513 billion. Agriculture The Dominion Lands Act was passed in 1872 to encourage an agricultural settlement for a united British North America. The completion of the train link between eastern Canada through the District of Assiniboia in 1885, the development of the high-yielding and early-maturing Marquis strain of wheat and establishment of an import market in the United Kingdom supplied the first impetus for economic development and supported population settlement. World War I had a positive impact on Sask ...
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Economy Of British Columbia
British Columbia ( B.C.) is the third largest Canadian province by population and fourth largest provincial economy. Like other provinces in the Canadian federation, B.C. consists of both private and public institutions. However, as Canada's westernmost province, located between the Pacific Ocean and the Rocky Mountains, B.C. has unique economic characteristics that distinguish it from much of the rest of Canada. Economic Geography Geography has played a significant role in the province's economic development. B.C.’s location on Canada's west coast puts it at the commercial crossroads of the Asia-Pacific region and North America. B.C. is geographically characterized by mountainous topography along with substantial areas of lowlands and plateaus. Though less than 5% of B.C.’s land is arable due to mostly mountainous terrain, the province is agriculturally rich. This can be attributed to relatively mild weather along the Pacific Northwestern coast and in various sheltered ...
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Economy Of Alberta
The economy of Alberta is the sum of all economic activity in Alberta, Canada's fourth largest province by population. Alberta's GDP in 2018 was CDN$338.2 billion. Although Alberta has a presence in many industries such as agriculture, forestry, education, tourism, finance, and manufacturing, the politics and culture of the province have been closely tied to the production of fossil energy since the 1940s. Alberta—with an estimated 1.4 billion cubic metres of unconventional oil resource in the bituminous oil sands—leads Canada as an oil producer. In 2018, Alberta's energy sector contributed over $71.5 billion to Canada's nominal gross domestic product. According to Statistics Canada, in May 2018, the oil and gas extraction industry reached its highest proportion of Canada's national GDP since 1985, exceeding 7% and "surpass ngbanking and insurance" with extraction of non-conventional oil from the oilsands reaching an "impressive", all-time high in May 2018. With conventi ...
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Free Trade Agreements
A free-trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating states. There are two types of trade agreements: bilateral and multilateral. Bilateral trade agreements occur when two countries agree to loosen trade restrictions between the two of them, generally to expand business opportunities. Multilateral trade agreements are agreements among three or more countries, and are the most difficult to negotiate and agree. FTAs, a form of trade pacts, determine the tariffs and duties that countries impose on imports and exports with the goal of reducing or eliminating trade barriers, thus encouraging international trade. Such agreements usually "center on a chapter providing for preferential tariff treatment", but they also often "include clauses on trade facilitation and rule-making in areas such as investment, intellectual property, government procurement, technical standards and sanitary and phytosanitary i ...
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Economic History Of Canada
Canadian historians until the 1960s tended to focus on the history of Canada's economy because of the far fewer political, economic, religious and military conflicts present in Canadian history than in other societies. Many of the most prominent English Canadian historians from this period were economic historians, such as Harold Innis, Donald Creighton and Arthur R. M. Lower. Scholars of Canadian economic history were heirs to the traditions that developed in Europe and the United States, but frameworks of study that worked well elsewhere often failed in Canada. The heavily Marxist influenced economic history present in Europe has little relevance to most of Canadian history. A focus on class, urban areas, and industry fails to address Canada's rural and resource-based economy. Similarly, the monetarist school that is powerful in the United States has been weakly represented. Instead, the study of economic history in Canada is highly focused on economic geography, and for ...
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Minister For Internal Trade (Canada)
The Minister for Internal Trade is a member of the Cabinet of Canada. The minister can be appointed under the ''Agreement on Internal Trade Implementation Act'' of 1996; however, it was not used until 2005 and by default the Minister of Industry was responsible for the administration of the act. To date its only minister was Mauril Bélanger who took on the role on May 17, 2005, and held it for the remainder of the 27th Ministry, until February 6, 2006. Ministers Key: See also *Canadian Agreement on Internal Trade *European Commissioner for Internal Market and Services *Directorate-General for Internal Market and Services (European Commission) The Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) is a Directorate-General (DG) of the European Commission. It is one of the thirty three DG's that are created and named to reflect their func ... Internal Trade Canada, Internal {{Canada-gov-stub Former Canadian ministe ...
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Canadian Agreement On Internal Trade
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 provinces and territories to reduce and eliminate barriers to free movement of people, goods, services and investments within Canada. Under the Agreement, these governments have agreed to apply the principles of non-discrimination, transparency, openness and accessibility with respect to their procurement opportunities and those of their municipalities and municipal organizations, school boards and publicly funded academic, health and social services entities. The Agreement covers only those tenders where the procurement value exceeds a specified amount. Currently, the thresholds require that all institutions in the MASH sector (Municipal/Academi ...
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Crown Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ...
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Canadian Provinces
Within the geographical areas of Canada, the ten provinces and three territories are sub-national administrative divisions under the jurisdiction of the Canadian Constitution. In the 1867 Canadian Confederation, three provinces of British North America—New Brunswick, Nova Scotia, and the Province of Canada (which upon Confederation was divided into Ontario and Quebec)—united to form a federation, becoming a fully independent country over the next century. Over its history, Canada's international borders have changed several times as it has added territories and provinces, making it the world's second-largest country by area. The major difference between a Canadian province and a territory is that provinces receive their power and authority from the ''Constitution Act, 1867'' (formerly called the ''British North America Act, 1867''), whereas territorial governments are creatures of statute with powers delegated to them by the Parliament of Canada. The powers flowing from th ...
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