MpathEE

Carney and the liberals are signing Canadian taxpayers up for Generational Debt, your grandkids will still be paying the EU trading bloc billions annually to withdraw, the UK is still paying for Brexit. Once Canada becomes an Associate member of the EU, if it decides to withdraw from the EU trading bloc which it pays approximately six billion annually for membership fees there is an exit fee. The financial settlement for the United Kingdom's exit was ultimately estimated by HM Treasury to be around £30.2 billion to £42.5 billion paid out gradually over several decades. While direct budgetary payments to the EU budget ended, the UK continues to pay an ongoing "cost of Brexit" in the form of reduced trade, lower gross domestic product (estimated by economists at roughly a 6% hit to the economy), increased customs paperwork and overheads, and lost tax revenues. If the UK ever reverses course and attempts to rejoin the European Union, independent estimates from think tanks like the Bow Group project that annual gross contributions could range from £28 billion to £41 billion per year. The EU Associate membership is nothing more than a trap for Canadian Taxpayers.