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Environmental Implications of NAFTA on North America

’s free market, the law must be trashed lest Canada face repercussions in violation to the NAFTA. If any foreign company sees Eidse 7that Canada is subsidizing Canadian businesses in any way or that the local businesses have an unfair advantage of any sort, they can sue the Canadian government, at the expense of the taxpayers. The bottom line is anything that limits US profits or their future potential profits is unacceptable under the NAFTA. ConclusionThe NAFTA is clearly a major step forward to cleaning up North America’s environmental problems, but it is far from a perfect trade agreement. It is widely agreed that without NAFTA conditions would certainly deteriorate from unrestrained development, however, with the NAFTA conditions are not improved equally throughout North America. The US, it seems, has achieved the highest benefits out of the NAFTA as they now have access to foreign markets, both business and resource, on either sides of their borders. Canada and Mexico do indeed benefit from this agreement as well as they have lower tariffs on importing US goods, as well as access to American markets, and cleaner environments; however, Canada with it’s lower dollar value does not enjoy the same ease at which the US is able to pick up foreign business, nor does Canada have the same resources to fund environmental regulatory enforcements that are par with the US. The NAFTA is in writing, good for the environment, but due to lack of enforcement of environmental regulations and penalties, the environmental side agreement is basically just words. Unless Canada wishes to relinquish even more power to the US, a way of maintaining control over it’s own resources must be found or it’s economy, even the nation’s sovereignty will be degraded.Eidse 8...

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