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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Canada: EY wins $1M contract to craft internal trade barrier index

Monday, December 15, 2014 > 11:19:46
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(iPolitics)

Last September, Industry Minister James Moore told the Vancouver Board of Trade that the Harper government was turning to the private sector for some help building an internal trade barrier index promised last February in the federal budget.

Late Friday afternoon, Moore announced in a press release that the multinational firm Ernst & Young or EY won the contract.

The value of that contract, according to Public Works and Government Services Canada, is $1,001,998.12.

But the release doesn’t specify when Ernst & Young is expected to deliver the index.

As the government said in the budget, the index will be modelled on the the Services Trade Restrictiveness Index (STRI) developed by the Organization for Economic Co-operation and Development (OECD) and other measures developed by the World Bank and Australia.

In August, right before Canada’s premiers met in Charlottetown, Moore gave a hint of what might an index might try to capture with the release of a report called “One Canada One Nation”.

Some of the examples in that report were a lack of co-ordination among the provinces and territories on apprenticeship programs, requirements for firms to register and report in multiple jurisdictions, and differences over ethanol blends that cause headaches for refiners.

“The ITB Index and its underlying inventory will be useful for identifying options to address barriers to internal trade in Canada,” the Public Works award description says.

“In addition, the ITB Index will provide a means of comparing the degree of integration of various provinces and territories. Over time, the ITB Index will also provide a simple metric for measuring progress on the reduction of internal trade barriers.”


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