New West Partnership
Encyclopedia
The New West Partnership is set of agreements that integrate
the Canadian provinces of Alberta
, British Columbia
and Saskatchewan
. They were created on April 30, 2010.
It is composed of:
and Alberta
which was signed on 28 April 2006, and provides a virtual economic union
between the those two provinces. However the provincial government of Saskatchewan under the Saskatchewan Party
's Brad Wall
has said that the NWPTA provides more equitable treatment for Saskatchewan's Crown corportations which was one of the main public complaints that prevented Saskatchewan from joining TILMA in 2007.
The press release describing the NWPTA's creations describes it as
The New West Partnership Trade Agreement came into effect on July 1, 2010. Alberta and British Columbia already complied with the terms of the agreement at the time of its creation. Saskatchewan is supposed to fully implement the agreement by July 1, 2013.
Economic integration
Economic integration refers to trade unification between different states by the partial or full abolishing of customs tariffs on trade taking place within the borders of each state...
the Canadian provinces of Alberta
Alberta
Alberta is a province of Canada. It had an estimated population of 3.7 million in 2010 making it the most populous of Canada's three prairie provinces...
, British Columbia
British Columbia
British Columbia is the westernmost of Canada's provinces and is known for its natural beauty, as reflected in its Latin motto, Splendor sine occasu . Its name was chosen by Queen Victoria in 1858...
and Saskatchewan
Saskatchewan
Saskatchewan is a prairie province in Canada, which has an area of . Saskatchewan is bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, and on the south by the U.S. states of Montana and North Dakota....
. They were created on April 30, 2010.
It is composed of:
- the New West Partnership Trade Agreement (NWPTA)
- the New West Partnership International Cooperation Agreement
- the New West Partnership Innovation Agreement
Trade Agreement
The New West Partnership Trade Agreement (NWPTA) is an internal trade agreement that seeks to integrate the economies the three provinces. It is frequently characterized by supporters, critics, and the media as an extension of the pre-exsiting Trade, Investment and Labour Mobility Agreement (TILMA) between British ColumbiaBritish Columbia
British Columbia is the westernmost of Canada's provinces and is known for its natural beauty, as reflected in its Latin motto, Splendor sine occasu . Its name was chosen by Queen Victoria in 1858...
and Alberta
Alberta
Alberta is a province of Canada. It had an estimated population of 3.7 million in 2010 making it the most populous of Canada's three prairie provinces...
which was signed on 28 April 2006, and provides a virtual economic union
Economic union
An economic union is a type of trade bloc which is composed of a common market with a customs union. The participant countries have both common policies on product regulation, freedom of movement of goods, services and the factors of production and a common external trade policy.The countries...
between the those two provinces. However the provincial government of Saskatchewan under the Saskatchewan Party
Saskatchewan Party
The Saskatchewan Party is a conservative liberal political party in the Canadian province of Saskatchewan. The party was established in 1997 by a coalition of former provincial Progressive Conservative and Liberal party members and supporters who sought to remove the Saskatchewan New Democratic...
's Brad Wall
Brad Wall
Bradley John "Brad" Wall, MLA is a Canadian politician who has been the 14th Premier of Saskatchewan since November 21, 2007....
has said that the NWPTA provides more equitable treatment for Saskatchewan's Crown corportations which was one of the main public complaints that prevented Saskatchewan from joining TILMA in 2007.
The press release describing the NWPTA's creations describes it as
The New West Partnership Trade Agreement came into effect on July 1, 2010. Alberta and British Columbia already complied with the terms of the agreement at the time of its creation. Saskatchewan is supposed to fully implement the agreement by July 1, 2013.
See also
- Canadian Agreement on Internal TradeCanadian Agreement on Internal TradeThe Agreement on Internal Trade entered into force on July 1, 1995 and includes government departments, agencies, commissions and Crown corporations of the 10 Canadian provinces, the three territories and the federal government....
- Canada Minister for Internal TradeMinister for Internal Trade (Canada)The Minister for Internal Trade is a member of the Cabinet of Canada. The minister can be appointed under the Agreement on Internal Trade Implementation Act of 1996, however it was not used until 2005 and by default the Minister of Industry was responsible for the administration of the act.To date...