Ontario and Manitoba have collaborated to ease trade restrictions on goods, services, and workers amidst increasing U.S. tariff threats. Premier Doug Ford and Premier Wab Kinew announced the MOU, emphasizing its role in enhancing economic opportunities and free trade within Canada. In 2021, trade between the provinces was valued at $19.5 billion. This agreement builds on Ontario's recent MOUs with other provinces and aims to lower family costs while potentially adding $200 billion to Canada's GDP.
"We're facing a tariff war on two fronts and now is the time to build up this country we love so much," Kinew said in the release. "Through this agreement with Ontario, we will unlock more economic opportunities for people in both provinces. As premiers, we are all working toward the common goal of powering our Canadian economy toward the future."
"Today's MOU is just the latest step we are taking to unlock the enormous potential of true free trade within Canada, which will lower costs for families and add up to $200 billion to our national GDP," Ford said in the release, adding he looks forward to signing similar agreements with other provinces.
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