On Friday, Premier Rob Lantz introduced the Interprovincial Trade & Mobility Act in the provincial legislature. The bill will allow PEI to eliminate unnecessary barriers to trade and labour mobility with reciprocating jurisdictions. Government says the Bill will accept provincial inspections and standards on goods coming from a reciprocating jurisdiction. It also requires expedited licensing and certification for regulated professions and occupations for individuals coming from like-minded provinces and sets the expectation of regulatory bodies to meet a 10-business day turnaround time.
PEI anticipates the first reciprocating jurisdiction will be Nova Scotia, which passed similar legislation earlier this year.
The Bill received first reading Friday and will be debated in the coming days. Regulations for the bill will be developed in consultation with industry and sectors.
