Many Canadians would be quite happy to re-open NAFTA
as Obama and Clinton suggest. Laxer gives some of the
reasons for doing so.

http://www.jameslaxer.com/blog.html

Obama and Clinton Have a Point: Let’s Take a Hard Look
at NAFTA 

Barack Obama and Hillary Clinton have been squabbling
over which of them is more serious about standing up
to Canada on the shortcomings of the North American
Free Trade Agreement. In her last ditch effort to
seize victory from the jaws of defeat in Ohio (we’ll
know the result tonight), Clinton has been accusing
Obama of talking tough to hard hit workers while
reassuring Ottawa that he’s only kidding.

Neither of these candidates is remotely pro-Canadian.
As a border state senator, Hillary Clinton has been
happy to bash Canada for its supposedly lax security
whenever that suits her. Not that we should be
surprised that the Democratic front runners could care
less about Canada. That’s normal, despite the
dewy-eyed proclivity of some Canadians to seek
salvation from American politicians. 

We ought to be thankful though to Obama and Clinton
for insisting on the renegotiation of NAFTA if either
of them reaches the White House. 

Canadians have pressing reasons for taking a hard look
at NAFTA. 

NAFTA and its predecessor, the Canada-U.S. Free Trade
Agreement were negotiated at a time when petroleum
prices were much lower than today and the world was
much less queasy about petroleum supply than it is
now.

When the Mulroney Conservatives negotiated the free
trade deals, one of their major objectives was to
ensure that no Canadian government could ever again
pursue a petroleum policy that did not suit the oil
companies, the Conservative government in Alberta and
the U.S. administration in Washington. And while they
failed miserably at gaining secure access for Canadian
exports to the U.S. (witness softwood lumber), they
succeeded brilliantly in tying the hands of Ottawa on
petroleum.

Under NAFTA, Canada is required to continue exporting
petroleum to the United States at a level which must
not fall below the average of the past three years.
This remarkable commitment stands even should the
regions of eastern Canada that rely on imported oil
fall short as a consequence of a supply interruption.
Not only does Canada have no strategic petroleum
reserve---a point driven home by the recent work of
the Parkland Institute in Alberta---under the terms of
NAFTA Canada must make exports of petroleum to the
U.S. a higher priority than meeting the energy needs
of Canadians.

>From the start, NAFTA has been an “unequal treaty” for
Canadians. The Mexicans, also major oil suppliers to
the United States, are saddled with no such outrageous
commitment, for the simple reason that Mexicans would
never have stood for it.

With petroleum shortages now a real threat in the
world, Canada needs to renegotiate NAFTA, and if the
United States is unwilling to reach a deal that
removes the petroleum export commitments as they
stand, Ottawa should give notice that Canada will
withdraw from the trade deal.

Under the Harper Conservatives and the newly
re-elected Stelmach government in Alberta, the highest
priority of Canadian economic policy is to increase
petroleum exports as rapidly as possible, despite the
ruinous environmental consequences, and the disastrous
effects of the policy for Canadian industry. 

Finance Minister Jim Flaherty has gone to war with
Ontario insisting that the province slash its
corporate taxes. By promoting the rapid increase in
petroleum exports, the Conservatives are directly
responsible for driving up the value of the Canadian
dollar so quickly that Canadian manufacturing has had
no chance to adjust. 

The Conservatives have skewed Canadian economic
development to the long-run detriment of all
Canadians, including Albertans who face the reduction
of large regions of their province to a polluted
moonscape.

Thanks Barack and Hillary, for putting NAFTA back on
the agenda. In our own national election, which can’t
come too soon, Canadians ought to put the issue front
and centre.

Blog:  http://kenthink7.blogspot.com/index.html
Blog:  http://kencan7.blogspot.com/index.html
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l

Reply via email to