The business community is not too excited about that trade deal between New Brunswick and Newfoundland and Labrador. The Canadian Federation of Independent Business says there are flaws, and the MOU doesn’t really change a thing.
The national and sub-national governments are looking at ways to knock down trade barriers in their own backyard in the wake of tariffs being imposed or threatened by the United States.
CFIB vice-president Atlantic, Louis-Philippe Gauthier, points out that there are no timelines in the deal, only a commitment to work towards getting things done. That’s too slow, and does not work says the CFIB.
Gauthier is calling on New Brunswick and Newfoundland and Labrador to follow the lead of PEI and Nova Scotia and table mutual recognition in law.
