Archive: February 2005

Can Canada get a Mexican Exemption on oil sharing?

In his State of the Union address, President Bush laid out his government’s goals. The third goal was “to promote energy independence for our country”. Mexico, Canada’s other NAFTA partner, also has a policy of oil energy independence and Mexican public ownership. Canadians seem blissfully unaware that while our NAFTA partners are looking after their own energy security, Canada is the only NAFTA country, prevented from doing so by the energy exporting provisions in NAFTA.