The Ontario government has been working with the federal government, provinces and territories to build stronger ties with trading partners through the negotiation of agreements that remove barriers to trade and investment. As a covered entity, the University of Toronto is responsible for compliance with procurement-related commitments in the relevant chapters of the CFTA (Chapter 5 – Government Procurement), CETA (Chapter 19 – Government Procurement), and the OQCTA (Chapter 9 – Public Procurement).
In effect as of July 1st, 2017, this domestic (inter-provincial) trade agreement replaced the Agreement on Internal Trade (AIT) and promotes open procurement practices among public sector organizations.
In effect as of September 21st, 2017, this international trade agreement expands the opportunities for suppliers in both the EU and Canada to bid on public procurements. The rules apply only in certain circumstances, namely:
- procurements by a “covered entity”
- that are in respect of specified goods, services or construction, which
- exceed certain minimum value thresholds.
In place for several years, this bi-lateral trade agreement between Ontario and Quebec has been recently revised to align with the CFTA.