QUESTION: What do you consider Trump’s proposal that Canada turn into the 51st State?
Rob
ANSWER: If we’re speaking about economics, then sure, it could be higher for Canada to merge with the USA for its personal profit. The provinces in Canada have commerce obstacles amongst one another. That might be unlawful below US legislation, and Canada’s economic system could be a lot better off. As well as, the mortgage market would change in a single day. The place Canadians can not get long-term mortgages, then they may, and they’d be cheaper. Nevertheless, I might not see Canada because the 51st state, I might see every province as a state retaining their cultural variations. They’d additionally profit from a unified forex with the US greenback. Canada’s economic system would increase for now, they usually might promote in all places with out commerce restrictions. This could be like creating the euro. There could be no FX dangers.
Our laptop tasks that the one home windows of alternative for such a merger are 2026 and 2028. Traditionally, this isn’t some loopy concept of Trump’s. The concept of merging the US with Canada has been round for the reason that American Revolution. If we take a look at the Articles of Confederation again in 1777, there was even pre-approval for the admission of the Province of Quebec (beforehand referred to as Decrease Canada) to the US as they have been anti-British.
