It’s been nearly two decades since the enactment of the North American Free Trade Agreement. President Bill Clinton officially signed NAFTA into law in 1993, opening trade barriers between the United States, Mexico and Canada in 1994.
In her new book, “Merger of the Century: Why Canada and America Should Become One Country,” Diane Francis says she thinks it’s time to move beyond trade, at least when it comes to the northern most countries. Francis, a dual citizen of both countries, argues that a U.S.-Canada merger is not only a good idea but could become necessary, especially when it comes to growing Chinese economic power.
The U.S. and Canada together would have a larger economy than the European Union or than the economies of Japan, China, Germany and France combined. The US-Canada combo would control more oil, water, arable land and resources than any other country, all protected by America’s military. Citizens of the merged countries would have more options in terms of jobs, climates, studies and lifestyles…
Francis concedes that merging would be hard but insists it is worth the pain. Without some form of political fusion, the prospects for Canada could be grim. We could become a resource battleground. Russia or China could gain control over our resources and Arctic region, provoking tension with the U.S. Mishandling our First Nations obligations could incite civil disobedience, and Quebec’s separatists could pump up economic and political instability. Canada would soon not qualify as a member of the G20.
Absent a merger, America will face increasing adversity and competition for resources and an inevitable decline.
Today’s Question: Should the U.S. and Canada merge?