The NWPTA provides a comprehensive framework to promote trade, investment and labour mobility in the four western provinces. At the July 2018 Federation Council (FYC) meeting, the Prime Ministers instructed the contracting parties to continue discussions to place the financial services sector in a framework that provides each PT with the same treatment or improvement that Canada offers to its international trading partners. The FSWG, made up of both commercial and financial agents, organizes weekly roundtables to negotiate financial services rules for GASTA. [ * ] Other trade improvement agreements, such as the Ontario-Quebec Trade and Cooperation Agreement, came into force on October 1, 2009 to promote trade and economic cooperation, promote labour mobility and improve legislative harmonization between the two provinces. The federal government is responsible for negotiating Canada`s international trade agreements. The Alberta government defends provincial interests when the federal government negotiates these international agreements, particularly in areas of provincial jurisdiction or where there are significant economic benefits to the province. Examples of Canada`s international trade agreements for Alberta are presented below. For feedback and general questions about the role of the Government of Alberta in these national and international trade agreements, please contact the Trade Policy Office. There are a number of trade improvement agreements between the provinces and territories. The new Western Partnership Agreement (NWPTA), comparable to the CFTA, came into force on July 1, 2010 and was fully implemented on July 1, 2013. The agreement covers the provinces of Alberta, Saskatchewan, Manitoba and British Columbia. Manitoba joined in November 2016 and the full transition is expected by January 1, 2020. The NWPTA requires any jurisdiction to improve trade, investment and labour mobility and to remove barriers between these jurisdictions.
In addition, the western provinces must eliminate unnecessary differences between trade standards and regulations and allow the free movement of goods, services, capital and works across the four borders, unless there is an exception. Currently, the thresholds provide that all institutions in the MASH (Municipal/Academic/Social Services/Healthcare) sector report public tenders valued at or above $100,000 or more in the event of construction, or $250,000 or more in the event of construction. The agreement provides for equal treatment of people, goods and services across Canada. This means that companies in each province or territory must be considered for takeover bids, which eliminates local buy-policies. There are a few exceptions in the agreement. In certain circumstances, provinces or municipalities may continue to designate isolated suppliers. Its primary objective is to remove barriers to trade, investment and product mobility. The parties to the CFTA have been criticized for the number of exceptions provided by the agreement.
Some provinces have pointed out that Canada is most important, particularly the exceptions that have been made in the public procurement chapter.