Benefits

The NWPTA creates a single economic region encompassing British Columbia, Alberta, and Saskatchewan. The implementation of the NWPTA presents a great opportunity for continued economic growth in all three provinces.

Some of the benefits of the NWPTA include the following:

• Canada’s most open and competitive economy
  British Columbia, Alberta and Saskatchewan have a market of almost nine million people and a Gross Domestic Product of more than $550 billion.
  
  
• Labour mobility
  Labour mobility provisions allow certified workers to practice their occupation in the three provinces without being subject to additional exams or training requirements.
  
  
• Business registration
  Businesses registrants in one province will be able to seamlessly register in the other provinces at the same time as their original incorporation. All residency requirements are removed.
  
  
• Streamlined regulations
  Unnecessary differences in business standards and regulations will be eliminated.
  
  
• Enhanced competitiveness
  Allowing goods, services, capital and workers to flow freely across the British Columbia-Alberta-Saskatchewan borders will boost trade, make it easier for businesses to expand into the other provinces, and lower costs for businesses and taxpayers.
  
  
• Best value for public spending
  Open procurement policies with low thresholds help ensure best value for tax dollars. This also creates more opportunities for small- and medium-sized businesses to bid on public contracts.