British Columbia & Alberta -Trade, Investment, and Labour Mobility Agreement (TILMA)
On April 28, 2006, British Columbia and Alberta signed the British Columbia – Alberta Trade, Investment, and Labour Mobility Agreement (TILMA) at the 4th annual joint British Columbia – Alberta Cabinet meeting in Edmonton.
British Columbia and Alberta businesses and workers will enjoy new market access. This innovative agreement gives businesses and workers in both provinces seamless access to a larger range of opportunities across all sectors including energy, transportation, labour mobility, business registration, and government procurement.
According to a recent report by the Conference Board of Canada, lowering non-tariff trade barriers could narrow the Canada-U.S. productivity gap, and make Canada more competitive. According to the Board, the B.C. and Alberta agreement has the potential to add $4.8 billion to real GDP and create 78,000 new jobs in B.C. alone.