nada signed into the NAFTA Canada lost all power over it’s own resources. Water, oil, minerals etc. are now at the American’s fingers; Canada no longer has the right to stop the exportation of its own resources, regardless if it conflicts with the Eidse 6interests of its own citizens. Canada’s resource market has been opened up to US investment that gives American individuals and corporations the right to buy Canada’s oil supply, import it’s water to their own country, and buy mining rights to strip Canada of the very things it’s economy is based on, resources. Indeed, the US is paying for Canada’s goods, which does boost Canada’s economy for now, but what will become of Canada’s economy when it’s land is as devoid of resources as its southern neighbors? With virtually nothing left to export, trade between the US and Canada will slow to a mere trickle, and Canada’s economy will suffer greatly. The ability to buy into foreign resource markets is not limited to the US alone; only the US, being the wealthiest of the three nations, profits the most from it. As US interests do not always match Canada’s, what can be the possible outcomes of US owned businesses running Canada’s resource market? “US and Canadian investors could also gain new access to natural resources in Mexico such as forests, fisheries, plant genetic material, and minerals without concern for long-term conservation or the people who depend on them”(Rugman, par. 23). The ability for the US to exploit Canada’s resources is definitely there. Canada is not their country so why would Americans care to maintain the sustainability in Canada’s forests and watersheds? What can Canada do to regain control over it’s own resources? There are many things they can’t do. If a law is passed on the federal, provincial, or municipal level that imposes US access to Canada...
