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Chronicle Journal in Thunder Bay, Ontario

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Chronicle Journal

Location

Thunder Bay, Ontario, Canada

Date

Feb 04, 2025

Page

6

Elimination of Interprovincial Trade Barriers Studied

Ottawa's exploration of reducing barriers across provinces highlights regulatory divergences that impede cross border business. Experts note hundreds of credentialing bodies and varying health, safety, and tax rules raise costs, while AI aided comparisons and harmonization could lift GDP by up to 7.9 percent in the long term.

Ottawa Trump Canada University of Calgary Trevor Tombe Tombe British Columbia Alberta Sean Speer University of Toronto Munk School of Global Affairs Statistics Canada Poilierre Scotiabank Poilievre

U S banks run in Canada despite Trump claim says bankers group

The Canadian Bankers Association notes 16 U S based bank subsidiaries and branches operate in Canada with about C 113 billion in assets. They offer corporate lending, treasury services, credit cards, investment banking and mortgage financing, serving cross border clients and Canada's retail market. Trump claimed U S banks cannot do business in Canada. experts say the Bank Act permits Schedule II foreign subsidiaries and Schedule III branches, with several U S parent banks already present.

The Association Representing Bankers In Canada U.S Donald Trump Trump Truth Social Justin Trudeau Booth Central Bank Department of Finance Office of the Superintendent of Financial Institutions Amex Bank of Canada Citibank Canada J.P. Morgan Bank Canada Bankers Association Capital One Wells Fargo Comerica Bank

Also Mentioned on This Page

Port of the Royal Commission On Dominion-Provincial Relations Macdonald-Laurier Institute Trudeau Criti Conservative Pierre Canada I N Press Prince Edward Island Dennis King Manitoba Walt Kinen Colin James
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