Carney and Premiers Commit to Unified Economy, Streamlined Project Approvals

During a virtual First Ministers’ Meeting, Prime Minister Carney pushed for faster project approvals, trade reform, and a unified national economic vision.

Carney and Premiers Commit to Unified Economy, Streamlined Project Approvals
Parliament Hill’s Centre Block in Ottawa, home to Canada’s federal government, stands tall beneath a clear blue sky as visitors walk the surrounding grounds.

OTTAWA — Prime Minister Mark Carney met virtually with Canada’s provincial and territorial premiers on Wednesday, outlining a dual-track agenda focused on reinforcing the Canada-U.S. relationship and modernizing Canada’s internal economy.

Joined by Dominic LeBlanc, Minister of International Trade and Intergovernmental Affairs, the First Ministers’ Meeting covered two main priorities: external trade relations and domestic economic integration.

Carney began by updating premiers on his May 6 meeting with U.S. President Donald J. Trump in Washington, D.C. He reiterated Canada’s commitment to forging a “new economic and security relationship” with the United States — one rooted in mutual respect and shared interests.

Attention then turned to internal development. Carney and the premiers agreed to fast-track projects of national significance — including energy, infrastructure, and industrial initiatives — through a “one project, one review” model aimed at expediting approvals and reducing regulatory duplication.

In a notable pledge, the Prime Minister committed to tabling federal legislation by Canada Day to eliminate internal trade barriers across provinces and territories, a move designed to create one Canadian economy rather than 13 regional markets.

The next First Ministers’ Meeting is scheduled for June 2 in Saskatoon, Saskatchewan.


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