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Nafta-Plus

22.10.2008
EU-Canada Summit with, from left to right: Nicolas Sarkozy, President of France, Stephen Harper, Canadian Prime Minister and Jose Manuel Barroso, President of the EC. Photo by Jaques Witt/European Community 2008
EU-Canada Summit with, from left to right: Nicolas Sarkozy, President of France, Stephen Harper, Canadian Prime Minister and Jose Manuel Barroso, President of the EC. Photo by Jaques Witt/European Community 2008
Tags
  • Barack Obama
  • Canada
  • EU
  • Nafta
  • Nicolas Sarkozy
  • protectionism
  • Stephen Harper
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The Wall Street Journal

Barack Obama’s promise to unilaterally rewrite the North American Free Trade Agreement if Canada and Mexico won’t go along with his ideas on labor and the environment has not gone unnoticed in Ottawa. If Canadians are going to have a tougher time selling their goods and services south of the border, who can blame them for looking east — across the Atlantic to Europe.

Prime Minister Stephen Harper and President Nicolas Sarkozy of France signed an agreement … to begin negotiations for a free trade pact between Canada and the European Union. A Canada–EU study released last week outlines the joint economic benefits of such a partnership, with two-way trade estimated to increase 22.9% by 2014. …

At a news conference … Mr. Harper said, “We must stand against protectionism and work to lower and eliminate barriers.” If Canada and the EU are successful in liberating their economic relationships, we have a question: Can the U.S. join too?

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