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Bōde

Carney Urged to Harmonize Trade, Stabilize Housing

May 7, 2025 by Newsdesk

With Mark Carney elected Prime Minister amid rising U.S. tariffs, Canada has a timely opportunity to advance interprovincial harmonization. Writing as Bōde CEO and Invest Alberta Council Director, Robert Price argues that eliminating internal trade barriers could offset U.S.-driven housing cost increases of 4.7% to 6.3%.

Harmonized regulations would boost labor mobility, lower construction costs, and attract private investment—strengthening Canada’s real estate market and economic resilience. International models like the EU show harmonization can ease affordability and drive innovation. With housing shortages and tariff pressure mounting, Price urges immediate federal action to unify Canada’s fragmented regulatory landscape.

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