A North American Common Market and Common Currency
Member Comments
I don’t think a common currency and open borders are the answer. It will just eventually create larger bloc that will outsource its labour to a cheaper bloc. It also does nothing for the citizens of Canada who will face considerable downward pressure on their earnings as they compete with cheap labour at home, presumably from Mexico. In the meantime, who will be providing a social safety net for these workers--Canadians?
And what are we supposed to do with our burgeoning popuation of cheap labourers from Mexico when we reach the end of the line and they demand wages comparable to ours? Send them home?
Watching the inane thrashings of the federal government south of the border, I have no confidence in a common currency. Our federal government is doing a much better job of protecting Canada’s currency and maintaining its value.
Free trade, yes. Open labour market, and common currency no.
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