Carney to cut red tape for infrastructure projects

Prime Minister Mark Carney is taking steps to reduce bureaucracy in order to speed up major infrastructure projects like high-speed rail and hydroelectric grids. He announced on Friday that he and the provincial premiers will work together to remove all trade barriers between provinces. This initiative comes as a response to U.S. President Donald Trump's tariffs. Carney explained that by simplifying paperwork and streamlining environmental assessments, Canada can boost its economy significantly. He predicts that removing these barriers could add $250 billion to the economy, benefiting all Canadians. In addition to cutting red tape, Carney will temporarily eliminate the one-week waiting period for employment insurance benefits. He will also extend tax deadlines for businesses affected by the slowing economy due to trade tensions. Ontario Premier Doug Ford emphasized the need for urgent action, calling for the first piece of legislation on this matter to be introduced by April 14. He believes eliminating trade barriers will stimulate investments in large-scale projects, increasing Canada's GDP by four percent. Carney, who recently succeeded Justin Trudeau, stated that improving productivity is essential, especially with the possibility of a recession looming. He remarked that the current economic crisis is not of Canada's making. In a related development, Quebec Premier François Legault expressed openness to an energy pipeline across his province, as long as there is social acceptance for such projects. He noted that the attitude towards pipelines in Quebec is changing due to Trump’s threats. During the meeting, Alberta Premier Danielle Smith voiced the need for clarity on whether Carney's plans would lead to genuine changes in policies for oil and gas projects. Meanwhile, New Brunswick Premier Susan Holt proposed creating a free trade zone for Atlantic Canada, though Nova Scotia’s Premier Tim Houston preferred a national approach.