Any tariff on Canadian goods would certainly affect Prince George and the Central Interior.
Our forestry industry would be devastated and face even greater challenges in recovering.
No doubt, this is concerning for the region, and the negative impact is difficult to assess at this time. Are there alternatives to free trade between our two countries?
Yes, though these alternatives would need to be explored, such as an “economic union” between Canada and the U.S.
A good example is the European Union, where there are no borders between member countries, allowing goods, people, capital, and investments to flow freely.
Europeans fought many wars over the past 150 years, but eventually concluded that working together benefits all.
Cool heads and experienced leaders made this possible, and many beneficial agreements have since been reached, providing a model for other countries, including Canada and the U.S.
Evaluating all possible scenarios, I am certainly not advocating for Canada to become the 51st state of the U.S. We immigrated to Canada 40 years ago because it is Canada, and nothing else. It is the best place I can imagine, and I experience that every day.
An “economic union” could greatly benefit our Central Interior, where unlimited opportunities remain to be seized, requiring investment and people to move here.
The issue is not just revitalizing our forestry industry but also opening and developing several mines that offer much-sought-after minerals to be sold worldwide.
At the same time, an economic union could likely contribute to the growth of Prince George and the regional districts of the Central Interior.
Surveys have shown that Canadians do not want a “political union,” something I would also oppose.
However, in an economic union, member states typically maintain their own laws and political structures.
A “monetary union” is not necessarily required, but it would likely enhance business. In that case, a common currency, such as the euro used in EU member states, would need to be considered.
The current situation calls for thinking outside the box.
A country can agree to form an economic union with any other country. For example, “Canada and Europe” could negotiate and agree on an economic union, which would likely make the U.S. nervous.
Recent surveys have shown interest in strengthening the economic relationship between Canada and Europe, driven by an increasing awareness of the benefits of market diversification.
One way or another, we need experienced and wise leaders to reach agreements that are acceptable on both sides of the border and benefit all of us.
Albert Koehler, P.Eng., is a former Prince George city councillor.
