Canada won’t become the 51st US state – but could it join the EU?
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Since the adoption of the Euro, the EU rules require new entrants to eventually adopt it. Exceptions like for the UK and Sweden were made at the time of the negotiations before the adoption of those rules. If Canada were to join now, we would have to adopt the euro.
wrote on last edited by [email protected]Exactly. But if we are honest. Canada joining the EU with no land border even close. Would be such a huge change in how it needs to work Vs other members.
It is much more likely to negotiate an EEA like arangment. As customs etc would face huge complications with the US being their largest trading partner.
Just about everything would need to be up for debate for such a deal to be practical on Canada's part.
Just things like electrical trade would be questionable. Localisation meant almost all other members were using 220v like systems before unification. Food standards make EU / north American trade in many products complex. So either way any merge is going to be long and complex. So differences will be needed,
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Since the adoption of the Euro, the EU rules require new entrants to eventually adopt it. Exceptions like for the UK and Sweden were made at the time of the negotiations before the adoption of those rules. If Canada were to join now, we would have to adopt the euro.
wrote on last edited by [email protected]Oof. TIL. On the plus side, it's been a far more stable currency since its introduction than CAD over the same time period. Swinging wildly back and forth from USD parity -- and I'll admit I'm coming from a U.S. perspective -- can't have been a fun time. When I was living in Victoria at the turn of the century, I got CAD1.60 per dollar after ATM fees, which made everything insanely cheap, since rack rates for everything mirrored U.S. pricing.
My girlfriend and I could go out for a nice dinner with drinks for what to me was $20.
But some 15 years later (I don't remember exactly when, as when you get older, time starts to lose meaning), the Canadian dollar was actually stronger than ours.
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If they qualify for one or two more Eurovisions, they can use that as a proof of European-ness I'd say.
the entrants have to turn up the weirdness, though, to have a chance
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Oof. TIL. On the plus side, it's been a far more stable currency since its introduction than CAD over the same time period. Swinging wildly back and forth from USD parity -- and I'll admit I'm coming from a U.S. perspective -- can't have been a fun time. When I was living in Victoria at the turn of the century, I got CAD1.60 per dollar after ATM fees, which made everything insanely cheap, since rack rates for everything mirrored U.S. pricing.
My girlfriend and I could go out for a nice dinner with drinks for what to me was $20.
But some 15 years later (I don't remember exactly when, as when you get older, time starts to lose meaning), the Canadian dollar was actually stronger than ours.
wrote on last edited by [email protected]I'm coming from a PIGS-crisis perspective, having immigrated from a PIGS country to Canada during the euro debt crisis. The euro is too unwieldy and it's monetary policy has basically been mostly what suits the Northern European banks plus northern populism against lazy southerners to keep transfers low. In a way, the eurozone is one giant version of Italy.
I personally don't see any advantage for Canada to let go it's monetary sovereignty. We are at our core a resource and trading nation, and having control of our own levers is best.
I am absolutely for tighter integration with the EU, as I don't see any reason Canada shouldn't enjoy the things we take for granted as Europeans. Potentially in the Icelandic or Norwegian model (ultimately in the Canadian model of course), but just like as Canadians we don't need to be anyone's 51st state, we also don't need to be anyone's 28th member state.
Ps. I'm confusing "we"s above, just the pitfalls of being a dual EU-Canadian citizen.
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the entrants have to turn up the weirdness, though, to have a chance
Yes please. If it's not kitsch, weird and/or flashy as hell, it's not true ESC. There was a year when it was like almost everyone had agreed to sent their most boring crap, it was terrible.
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I'm coming from a PIGS-crisis perspective, having immigrated from a PIGS country to Canada during the euro debt crisis. The euro is too unwieldy and it's monetary policy has basically been mostly what suits the Northern European banks plus northern populism against lazy southerners to keep transfers low. In a way, the eurozone is one giant version of Italy.
I personally don't see any advantage for Canada to let go it's monetary sovereignty. We are at our core a resource and trading nation, and having control of our own levers is best.
I am absolutely for tighter integration with the EU, as I don't see any reason Canada shouldn't enjoy the things we take for granted as Europeans. Potentially in the Icelandic or Norwegian model (ultimately in the Canadian model of course), but just like as Canadians we don't need to be anyone's 51st state, we also don't need to be anyone's 28th member state.
Ps. I'm confusing "we"s above, just the pitfalls of being a dual EU-Canadian citizen.
PIGS clarification? Portugal, Italy, Greece and Spain? Useless websearch term.
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PIGS clarification? Portugal, Italy, Greece and Spain? Useless websearch term.
Yes exactly
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Exactly. But if we are honest. Canada joining the EU with no land border even close. Would be such a huge change in how it needs to work Vs other members.
It is much more likely to negotiate an EEA like arangment. As customs etc would face huge complications with the US being their largest trading partner.
Just about everything would need to be up for debate for such a deal to be practical on Canada's part.
Just things like electrical trade would be questionable. Localisation meant almost all other members were using 220v like systems before unification. Food standards make EU / north American trade in many products complex. So either way any merge is going to be long and complex. So differences will be needed,
There is a land border between Canada and the sovereign state of the Kingdom of Denmark - https://en.m.wikipedia.org/wiki/Hans_Island
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Exactly. But if we are honest. Canada joining the EU with no land border even close. Would be such a huge change in how it needs to work Vs other members.
It is much more likely to negotiate an EEA like arangment. As customs etc would face huge complications with the US being their largest trading partner.
Just about everything would need to be up for debate for such a deal to be practical on Canada's part.
Just things like electrical trade would be questionable. Localisation meant almost all other members were using 220v like systems before unification. Food standards make EU / north American trade in many products complex. So either way any merge is going to be long and complex. So differences will be needed,
wrote on last edited by [email protected]Canada shares a border with Greenland, which is an autonomous territory of Denmark, which is part of the EU.
I know it's a stretch... but it's there
An EEA agreement could be a start, then see how things go on from there. With the USA's isolationist politics, USA might no longer be a viable largest trade partner for Canada.
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The EU won't be allowed to expand so deep into the US sphere of influence. Not saying I'm against it, but it won't happen.
The US is actively shrinking its "sphere of influence". Just look at USAID: a worldwide sphere of influence, shutting down as we speak.
