We’ve heard lots of good reasons to fix or end NAFTA, but the most important one has been ignored. It’s the energy proportionality clause, a rule like no other in the world. Under it, Canada must make available for export to the US three-quarters of its oil production and over half its natural gas. If left in place in NAFTA 2.0, the rule can single-handedly prevent Canada from achieving its Paris climate promises.
Proportionality’s rule really only applies to Canada. Mexico got an exemption and is still a full NAFTA member. Proportionality doesn’t really apply to the US either because it imports much more oil than it exports and will continue to do so. Canada exports seven times as much oil to the US as flows the other way.
Read more at The Vancouver Sun
