Nova Scotia is taking bold steps to unlock new economic opportunities, strengthen competitiveness, and expand market access for local businesses. This week, our PC government reached three significant agreements with the federal government and other provinces and territories—advancing efforts to break down long-standing internal trade barriers that have limited economic growth for decades.
The agreements were finalized during the Committee on Internal Trade meeting held Wednesday, November 19, in Yellowknife. Collectively, they aim to streamline trade rules for goods, improve trucking regulations, and modernize financial services across the country.
“This is an important next step in Nova Scotia’s tireless efforts to remove interprovincial trade barriers that have held our local economies back for too long,” said Finance and Treasury Board Minister John Lohr, who represented Nova Scotia at the meeting. “We believe in free trade nationwide, and these agreements show a commitment to remove barriers that have been in place since Confederation. It will take time to fully implement these changes, but we’re committed to getting the work done and making exceptions only if necessary.”
Opening Markets for Goods
A key achievement is the Canadian Mutual Recognition Agreement on the Sale of Goods. Once implemented, most goods lawfully sold in one province or territory will be allowed for sale across Canada without additional requirements. While some items, including food, live animals, alcohol, tobacco, and plants—are excluded, Nova Scotia will become one of the most open markets for the mutual recognition of goods. A small number of health and safety-related exceptions will remain, such as cannabis, vaping products, and used beekeeping equipment.
Improving Interprovincial Trucking
Nova Scotia’s PC government also signed a memorandum of understanding to harmonize trucking regulations. The agreement will ensure goods move safely and efficiently by aligning with national standards on steering axle weights, oversized vehicle requirements, entry-level training, and more. Helping improve reliability for businesses moving goods across borders.
Modernizing Financial Services
Amendments to the Canada Free Trade Agreement will introduce a new financial services chapter, reducing barriers for banks, credit unions, insurance providers, and lenders. The changes will improve market access and create a more seamless regulatory environment across Canada’s financial sector.
Continued Work on Labour Mobility and Housing
Ministers also discussed ongoing efforts to improve worker mobility and reduce barriers for certified professionals moving between provinces. This work complements steps Premier Houston has already taken including passing the Free Trade and Mobility within Canada Act.
With more than $530 billion in goods and services crossing provincial and territorial borders each year—20% of Canada’s entire economy—these agreements mark meaningful progress toward a more open, competitive, and opportunity-driven national marketplace, unlocking Nova Scotia’s potential and strengthening economic opportunities across Canada.