High Cost of Canadian Interprovincial Trade Barriers
“The self-inflicted cost is staggering. Economists Trevor Tombe and Lukas Albrecht have estimated that full free trade within Canada would add between $50 billion and $130 billion to our GDP each year, or $7,500 per household. To put that number in perspective, $50 billion is twice what the federal government spends on defense. By comparison, a free-trade agreement with China has been projected by the Canadian Chamber of Commerce to increase Canada’s GDP by only $7.8 billion by 2030.”
Source: A 150-year-old lesson Trudeau should heed in dealing with Trump’s tariffs by Howard Anglin for CBC News