Obama victory would imperil Canada’s economy
Former US ambassador to Canada Paul Celluci warns Canada about the likely consequences if Sen Barack Obama is elected president.
A Barack Obama presidency would present a “danger” to Canada because he could renegotiate the North American Free Trade Agreement, imperiling the future economic integration of the continent, former U.S. ambassador to Canada Paul Cellucci said yesterday.
Mr. Cellucci, a Republican, engaged in an overt piece of partisan politicking on Canadian soil eight days before the U.S. presidential election, telling an audience in Ottawa that the Democratic senator would face “pressure” to renegotiate NAFTA after indicating a willingness to do so during the hotly contested Ohio primary.
Many reputable studies have shown that NAFTA has been an economic boon to all regions of Canada. If Obama wins, Canadian jobs could be jeopardised.
The possibility of an Obama win is one big reason that the Canadian government has commenced formal negotiations toward a free trade agreement with the European Union.
h/t: National News Watch
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