Ontario Unlocking Free Trade Within Canada

• Ontario is Canada’s largest interprovincial trader. In 2023, two-way trade in goods and services between Ontario and its provincial and territorial counterparts resulted in $326.6 billion in economic activity.
• Trade barriers within Canada cost the economy up to $200 billion each year, increasing the cost of goods and services Ontario families rely on by 14.5 per cent, at a time when families are already struggling from increased costs due to tariffs.
• Through this legislation, Ontario will lead the charge to tear down these barriers to unlock our full potential.
• Additionally, Ontario has today signed a memorandum of understanding with New Brunswick, in support of a landmark free trade agreement that will bolster interprovincial trade.
• Ontario also launched the new $50 million Ontario Together Trade Fund to help businesses make near-term investments so they can serve more interprovincial customers, develop new markets and re-shore critical supply chains.
• Our government remains committed to supporting business and workers through these challenging economic times and will pursue additional measures and supports to ensure stability and resiliency.