Fact Check: "One Canadian Economy Act aims to boost economy by removing trade barriers."
What We Know
The One Canadian Economy Act, officially known as Bill C-5, was passed by Canada's Parliament and received Royal Assent on June 26, 2025. This legislation is designed to enhance economic growth by removing internal trade barriers and expediting nation-building projects across Canada. According to Prime Minister Mark Carney, the act will "remove trade barriers, expedite nation-building projects, and unleash economic growth, with Indigenous partnership at the centre of this growth" (BBC). The act aims to streamline federal review processes, thereby increasing regulatory certainty and attracting capital (Intergovernmental Affairs).
The legislation also emphasizes the importance of Indigenous consultation and partnership, stating that the government will work closely with Indigenous communities to ensure their rights are respected and integrated into the development process (Intergovernmental Affairs).
Analysis
The claim that the One Canadian Economy Act aims to boost the economy by removing trade barriers is supported by multiple credible sources. The act specifically targets the removal of federal barriers to internal trade and labor mobility, which is expected to facilitate the movement of goods, services, and workers across provinces (Government of Canada). This aligns with the government's broader goal of enhancing productivity and competitiveness within Canada.
However, the act has faced criticism, particularly from Indigenous groups and environmental activists, who argue that the expedited approval processes may undermine their rights and stifle opposition to projects that could have negative environmental impacts (BBC). Critics like Nova Scotia senator Paul Prosper have expressed concerns that the legislation could allow the government to bypass necessary consultations with Indigenous communities, which could lead to social and environmental injustices (BBC).
Despite these criticisms, the act's primary objective remains focused on economic enhancement through the removal of trade barriers. The government's commitment to Indigenous consultation, as stated in the legislation, adds a layer of complexity to the analysis, suggesting that while economic goals are prioritized, there is also an acknowledgment of the need for inclusive dialogue.
Conclusion
Verdict: True
The claim that the One Canadian Economy Act aims to boost the economy by removing trade barriers is accurate. The act is explicitly designed to facilitate internal trade and labor mobility, which are crucial for economic growth. While there are valid concerns regarding Indigenous rights and environmental implications, the primary focus of the legislation is indeed on enhancing economic productivity through the removal of barriers.
Sources
- Canada passes law fast-tracking nation building projects to ... - BBC
- Legislation to build One Canadian Economy receives Royal Assent
- House of Commons passes One Canadian Economy Act
- New Canada Bill C-5 | One Canadian Economy | Full Explainer
- Government of Canada introduces legislation to build One Canadian Economy