Should America and Canada Have a Common Economy?

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Position Paper on

Should Canada and the United States have a common economic system with little government involvement?

By
Siddhartha Goutam
Student of Grade 9
Crescent Heights High School
Calgary

Abstract

This paper, contains the outcome of our research on the following question: “Should Canada and the United States have a common economic system with little government involvement?” After elaborate consideration of all aspects, this paper concludes that such an integration would be disastrous to both the countries and their people. The Economy of these countries (Canada and the U.S) is so powerful, that such a change could, not only harm the people of North America but also the economies of the whole world. So this paper strongly recommends that such a step should never be taken.

Should Canada and America share the same economies?

People have always wondered what it would be like to step in the shoes of others - people that are completely different from them and see the differences and similarities in their lives. These days even countries are thinking of the same question. For example, what if, Canada started sharing its economy with the US? Canada and the United States have different economic systems even though the countries are geographically close to each other. In the economic continuum of planned, mixed and market economies, Canada has a mixed economy, and U.S has a market economy. Generally speaking, Canadians and Americans are very different people. Creating a single economy could have disastrous effects on the lives of the people and should not be done. First off, with less government involvement Canada would no longer have the things that Canadians celebrate. Secondly, the switch would go down hard on the homeless people of Canada who would now not have the government help that they desperately need and in a colder climate like that of Canada, it would be very hard for them to survive with the new economy not helping them



Bibliography: OECD Health data 2007 Preventing homelessness in America. (n.d.). Retrieved from http://www.solutionsforamerica.org/thrivingneigh/homelessness.html Canada and the north american free trade agreement. (2009, October 22). Retrieved from http://www.international.gc.ca/trade-agreements-accords-commerciaux/agr-acc/nafta-alena/index.aspx http://www.naftanow.org/

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