International and interprovincial trade impediments, including unnecessary red tape, cost businesses and investors time and money.

Under the NWPTA, the Governments of British Columbia, Alberta and Saskatchewan have committed to:

• Extend the streamlined business registration and reporting requirements established by British Columbia and Alberta to Saskatchewan.
• Eliminate residency requirements (already completed in British Columbia and Alberta).
  
• Make it easier for professionals and tradespeople to have their qualifications recognized.
• Lower the thresholds for open and non-discriminatory government procurement, which will provide businesses with more bidding opportunities.
• Enact strict, enforceable subsidy rules.
• Introduce monetary penalties against governments that willfully disregard their commitments.

Once a seamless business registration and reporting process has been established between the three provinces, businesses will be able to operate in all three provinces without the added costs of establishing a second or third office, meeting duplicative registration and reporting requirements, satisfying unnecessarily different standards and regulations, or seeking additional permits to operate. In addition, the immediate benefits of the NWPTA will mean that businesses will face fewer difficulties recruiting needed workers and have access to more government procurement opportunities on an equal footing with suppliers from the other provinces.

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