The great provincial obstacle course

The Economist, July 23rd, 2016. The Americas section.

This article talks about the barriers to trade within Canadian provinces. Provincial governments act for various reasons to protect jobs in their geography to the point that importing product from the U.S., or from overseas is easier than buying the same product from within Canada.

Our lesson? Fair trade is good for us. We do need to be sure it is fair, but the two candidates for the presidency are both screaming about “protection.”

This is bad for the middle class. This is bad to form businesses to sell overseas. This is bad for wage growth.

Reduce regulation and costs so businesses can be formed and the energy and initiative of people can be released.

Being “provincial” is bad.

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