Ottawa, Ontario – A new manufacturing coalition that includes Canadian and U.S. automobile producers could improve cross-border manufacturing competitiveness.
Businesses for a Better Border, or B3, is a bi-national coalition representing manufacturers with significant cross-border trade interests, and recognized by governments as being low-risk traders. The group is steered by the American Automotive Policy Council, Canadian Manufacturers & Exporters, the Canadian Vehicle Manufacturers’ Association, and the U.S. National Association of Manufacturers.
Manufacturers and their integrated supply chains face growing transactional compliance hurdles when shipping goods across the shared border, which threatens manufacturing competitiveness, dampens export growth and stifles job creation in both countries, the B3 said.
Both Prime Minister Stephen Harper and President Barack Obama have announced a shared vision for perimeter security and economic competitiveness, an important step forward in addressing the needs of manufacturers in the integrated Canadian/U.S. economy.
The B3 said that more efficient border operations and regulatory collaboration will build on existing government trusted trader programs such as Customs-Trade Partnership Against Terrorism (C-TPAT) and Free and Secure Trade (FAST), which reduces red tape at the border and expands trade infrastructure.