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Gold/Mining/Energy : Oil Sands and Related Stocks
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To: Taikun who wrote (2012)8/24/2005 11:24:32 AM
From: wherry  Read Replies (1) of 25575
 
That sounds OK, until you realise that the US has just effectively abrogated the NAFTA treaty, by choosing to ignore a recent determination of the final stage of the (US demanded and designed) Dispute Resolution process.

If push comes to shove, why do you think that Canada would now continue to follow NAFTA rules if they appear to be seriously against its essential interests in a specific case (an oil supply crisis, perhaps?), when the US has already shown that it holds such rules in contempt in much less serious circumstances?

I suspect that Canada will try to continue to behave "legally" in the current softwood dispute, but eventually (if the US continues or repeats its behaviour), public pressure will make our rather weak government take retaliatory action, if that is the only language that is understood by the other party.

It would be nice if I did not have to write such sharp messages, but that's the way things look from this side of the border.

Tony
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