BlockBeats News, June 7th, Canadian Prime Minister Kane expressed that Canada is facing unfair tariffs from its largest trading partner, the United States. Kane urged the Canadian Parliament to pass the government's proposed "Canadian Economic Unity Act" that day to expedite the approval process for domestic infrastructure projects in Canada and eliminate domestic trade barriers.
It is understood that the bill aims to reduce provincial trade barriers in Canada, leading to a unified Canadian market. The bill will also accelerate the approval process for major infrastructure projects, reducing the approval time from five years to two years. Kane also stated that the Canadian government will continue to negotiate with the U.S. government on trade issues, demanding the U.S. to "promptly remove the illegal and unfair tariffs imposed on Canada." (Golden Finance)
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