Advocacy for policy changes is essential in addressing interprovincial trade barriers.
Small communities like Lincoln can benefit from collective efforts to influence government policies that support trade and economic development.
For Example: In 2022, a coalition of small business associations in Atlantic Canada successfully lobbied for the implementation of the “Atlantic Trade and Investment Growth Strategy.”
This strategy aimed to reduce trade barriers within the region by harmonizing regulations, reducing tariffs, and promoting interprovincial trade initiatives.
Strategies for Reduction: The strategy focused on creating a unified framework for businesses operating in the Atlantic provinces.
For instance, a small fishing company in Newfoundland, “East Coast Seafood,” was able to expand its market reach to Nova Scotia and New Brunswick as a result of these changes.
The strategy streamlined the licensing process for seafood exporters, making it easier for East Coast Seafood to supply its products to neighboring provinces.
Impact on Small Communities: The fishing company reported a 60% increase in sales within the first year of the strategy’s implementation.
This growth allowed East Coast Seafood to invest in new equipment and hire five additional local workers, significantly impacting the community’s economy.
Residents expressed pride in supporting a local business that was now thriving beyond provincial borders, showcasing the potential for small communities to benefit from effective advocacy.
Advocating for policy changes can significantly benefit small communities like Lincoln. By joining forces with other local businesses and associations, residents can push for initiatives that reduce trade barriers and enhance economic opportunities, fostering a vibrant and sustainable local economy.
