00:00:29.180why would we not increase our current trade agreement that we have with the eu why would
00:00:35.180we not do that instead of becoming a membership which is like a huge process it takes years
00:00:40.720and the rest of the eu membership has to vote on our entry and it yeah which is going to be really
00:00:48.520slow so why would we not work on doing a new trade deal which would be much faster now and then not
00:00:58.160do this partnership and not do this membership where we could possibly give up our own regulation
00:01:03.000and sovereignty in some areas. So the crux is that you don't think the EU regulations are
00:01:09.760necessarily an improvement. I don't think they're an improvement over ours. You don't think they're
00:01:13.320an improvement over Canadian ones. Yeah. And you don't think that it's worth the bureaucratic
00:01:17.300hurdles to get into the EU. Yes. But that's where I feel like the associate member status would be
00:01:23.220the best of all of those worlds because you can take advantage of some of those closer EU trade
00:01:27.220deals in a way that doesn't necessarily require you to be a member or to be or to enforce all of
00:01:34.160the regulations because you're not a member you're an associate member so you get i think some of the
00:01:38.000special benefits of working more closely with the eu without the bureaucratic drawbacks of being a
00:01:43.200full member yeah um there are still some downsides because we will not have voting we will not be a
00:01:50.320voting member we won't be official we can't be right so we can't actually have a voice not a
00:01:55.760large voice in exactly what happens what regulations their regulations aren't necessarily
00:02:00.840all transferred over to you by associate some of them are some of them will be but that's a part
00:02:05.380of the negotiation thing so i don't think it can be inherently decided that you will be subject to
00:02:10.520their regulations because i think of those associate members other mysterious ones like
00:02:16.660they're not all of them are not subject to even a majority of your regulations if i'm not mistaken
00:02:21.380well in the areas that they partner with and there's the part of like they don't like i don't
00:02:24.660I don't think Iceland is under full EU regulation and they're just in associate member status and so I think that it would be a good pathway to getting more of those trade relations because I think the EU would be more willing to trade with you were you to be an associate member, right?
00:02:38.120Like if Canada is an associate member, they're like, the EU might have a stronger partnership and be more willing to do a better trade agreement.
00:02:44.700Okay. I mean, if we're talking about free trade, though, 99% of the trade between Canada and the EU is already tariff-free, right?
00:02:52.940So, we would actually, if we wanted more trade, we'd have to actually force it in some way, right?
00:03:00.780Because it's already, it's flowing through competition, through free market, it's going, right?
00:03:07.720Does pursuing an associate member status jeopardize that, necessarily? I don't know that it does.
00:03:11.840No, it will, I don't think it will actually change how much trade we have with him.
00:03:17.480Yeah, I don't, I don't, I don't, right, which is why I'm like, uh, okay, we could say how, hey, we're partnering on, you know, development of military equipment or whatever, and I don't think a membership is necessarily needed for that.
00:03:30.300I don't think necessarily, but I think it helps, it would help formalize some of that
00:03:34.740relationship because I think on one hand that, I mean, I'm sure you've heard Carney's famous
00:03:45.000Very famous, big speech, but that along that similar-ish line of thinking that some sort
00:03:50.080of more, not strict, more defined collaboration as opposed to just a deal, but like an official
00:03:56.780associate member titleship could prove useful as canada's place in the global order right because
00:04:02.760canada isn't the biggest country in the world and at the moment they are kind of caught between
00:04:07.340china u.s and european trade yeah and there is benefits of course to not being aligned
00:04:12.780specifically with one of them but there's also downsides to that and so i don't know that it's
00:04:16.840necessarily a strict upgrade or a downgrade just a different geopolitical position to be more
00:04:22.440aligned with one of those three competing markets and yeah powers and is that necessarily good to be
00:04:28.780a member closer of the eu because i don't think that necessarily distances you from china at this
00:04:34.380moment but i think it would distance you from the u.s but i don't know if that's a goal of
00:04:38.640this sort of alignment that might be a plus as opposed to yeah well i i think
00:04:43.060one of the reasons that we're doing this is to kind of screw over the united states
00:04:48.580right it's like we're okay we're upset with him trade negotiations we're like okay we're gonna go
00:04:55.540and do this we're gonna join another group i mean if we were joining in full membership which is not
00:05:02.160what we're talking about but if we were we would actually be coming be becoming the 28th member
00:05:06.320of the eu which is really we are giving up our sovereignty for that i mean that's true but it's
00:05:11.920not inherently a bad thing i mean i don't see the difference between becoming the 28th member of the
00:05:17.340full membership and becoming the 51st state but do you think alberta should be a province in canada
00:05:22.580or should they be their own state i think they should be a province well they're giving up their
00:05:27.240sovereignty to be part of the canadian project so if you're not preserving sovereignty shouldn't
00:05:31.720alberta be its own country shouldn't quebec be its own country well because there has to be some
00:05:36.860sort of compromise between sovereignty and creating a political union that's useful i understand that
00:05:41.280And part of the reason that Quebec and Alberta want to separate is because they see the large majority of like the English speaking country or the rest of the country not not representing their views because they're minorities.
00:05:55.440And they they're like, OK, we're not our views aren't represented, which in a good country, in like a country that is democratic, our views will be represented.
00:06:04.960Right. And that's why they want to leave.
00:06:06.720They feel their views aren't represented.
00:06:08.840And I feel like if we joined the EU, certainly with full membership,
00:06:12.520we would not have the exact same views on everything, right?
00:06:17.300And we would have to give up a lot of our sovereignty
00:06:21.280and submit to the votes of the other 27 states,