On July 22, 2016, the Government of Canada announced that an unprecedented agreement-in-principle to modernize Canada’s internal trade framework was endorsed by premiers at the Council of the Federation. The agreement is the result of a collaborative effort among the Government of Canada, the provinces and the territories. A press release by Innovation, Science and Economic Development Canada said that in an increasingly global economy, Canada must have a free trade agreement that lowers barriers within the country. An open Canadian market creates well-paying jobs for the middle class and those working hard to join it. It drives economic growth and provides consumers with more choice. It also enables Canadian businesses to be as competitive at home as they are abroad.