J. MICHAEL ROBINSON
From Monday's Globe and Mail
March 10, 2008 at 7:51 AM EDT
Both Hillary Clinton and Barack Obama are threatening to opt out of NAFTA if elected, which means re-negotiate, a position that is quite tenable particularly with a protectionist Congress. This really is about more than politics — this threat is genuine.
Negotiating treaties involves horse trading and results are uncertain. In preparation for negotiation of the predecessor 1989 Canada/U.S. Free Trade Agreement, the Hon. Donald MacDonald concluded after exhaustive study that Canada should make a "leap of faith" and plunge in.
Should Canada do so again? There may be no choice. And if that happens, we need to pay heed to at least three key areas.
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