In the Abacus poll, 46 per cent of respondents said they would support Canada becoming a member state of the EU, and 44 per cent said the Canadian government should definitely or probably look into joining it.
In the Abacus poll, 46 per cent of respondents said they would support Canada becoming a member state of the EU, and 44 per cent said the Canadian government should definitely or probably look into joining it.
I’d be hesitant to join if it means giving up monetary sovereignty.
That’s a huge shackle on anything the federal government could do fiscally.
The idea of gaining protection from us crazy Americans? Totally valid.
There are countries in the EU that do not use the Euro. We can keep our loonies.
Those are typically early joiners who got special conditions. The idea is for everyone to adopt the Euro at some point. (The UK wouldn’t have but that’s moot since they left. If they rejoin they most likely won’t get that special treatment anymore.)
The only one (left) with a special condition is Denmark. All the other countries must adopt the euro once they reach some conditions (and then you have Sweden who doesn’t meet the conditions on purpose…).
The EU won’t push for adoption of the euro when it would hurt the economy though. Yes Canada would lose autonomy over their fiscal policy but only once they agree it would be a win-win in the economic sense. I know there are a lot of situations in which not having that fiscal autonomy sucks (for example when inflation in your country is very different from the overall eu avarage) so I can’t say if it would be worth it or not, I am no economist but it’d never be implemented at all costs or rushed because of some agenda.
Wise of you.
How does that work if the US is literally the head of NATO and the members literally just approved increasing military spending which goes towards american MIC.