One of the highlights of my job as your Member of Parliament, and what I often advocate for in Ottawa, is how to better the lives of business owners across South Shore-St. Margaret`s, and helping those businesses grow. That’s why our government has launched the accelerated growth service, a ‘one-stop shop’ for businesses with high growth potential to access all federal support services in one location.
Our government also recognizes that growth can be limited by the tangled web of red tape that limits companies from doing business across the country. That is why on Friday April 7th, Navdeep Bains, Minister for Innovation, Science and Economic Development, along with his provincial and territorial counterparts, announced the Canadian Free Trade Agreement.
This historic agreement, which took effect on July 1st, and will strengthen our home-field advantage by breaking down trade barriers among provinces and territories. The agreement will open up trade within our own borders in virtually every sector of the economy.
The agreement will benefit our local economy by giving businesses unprecedented access to markets across the country. Companies in our home province of Nova Scotia will now be on equal footing when bidding on government contracts across the country. That’s good for business. It’s good for workers. And it’s good for taxpayers, who can expect more value for money.
And while this ambitious agreement is a significant step toward a more open market within Canada, we know there is more work to do. Over the next year, all provinces and territories will work towards liberalizing trade in wine, beer and spirits.
I am proud of our Government’s role in negotiating this agreement, which will create more opportunities for local businesses to grow and create more well-paying, middle-class jobs. As a result of this agreement, our community will benefit from a stronger economy.