"Our two provinces are very, very dependent economically, and the notion of a sort of rupture ... on a major scale is obviously concerning," said Jock Finlayson
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The recent trade dispute between B.C. and Alberta could have serious economic repercussions in the unlikely event it grows into a full-blown inter-provincial trade war, warns the Business Council of B.C.
"Our two provinces are very, very dependent economically, and the notion of a sort of rupture ... on a major scale is obviously concerning," said Jock Finlayson, executive vice president and chief policy officer of the council.
The Business Council of B.C. describes itself as a collaborative, non-partisan organization that compiles research on public policy issues to better inform government decision makers and British Columbian business leaders.
Finlayson said his group did a study on two-way trade between the two provinces in 2017.
The study found the mutual trade of goods and services between B.C. and Alberta generated more than $30 billion a year.
Furthermore, many businesses rely on cross-border investments and the movement of people between the two provinces.
