Canadian investor and “Shark Tank” star Kevin O’Leary mentioned Thursday that he needs to assist dealer a cope with President-elect Donald Trump that will create some form of “economic union” between the US and Canada – declaring that no less than half of his countrymen would help such a merger.
O’Leary’s curiosity in unifying the US and Canada comes after Trump, 78, has repeatedly prompt in latest weeks that Canada ought to develop into “our 51st State.”
“Canadians over the holidays – the last two days – have been talking about this,” O’Leary mentioned of Trump’s proposal, throughout an interview with Fox Enterprise. “They want to hear more.”
The Montreal-born businessman acknowledged “there’s obviously a lot of issues” that will come up if Canada tried to affix the US however mentioned Trump’s curiosity within the matter “could be the beginning of an economic union.”
“Think about the power of combining the two economies, erasing the border between Canada and the United States and putting all that resource up to the northern borders where China and Russia are knocking on the door,” O’Leary continued.
“So secure [the northern territories], give a common currency, figure out taxes across the board, get everything trading both ways, create a new, almost EU-like passport – I like this idea and at least half of Canadians are interested,” he asserted.
O’Leary, 70, famous {that a} main obstacle proper now’s the “collapsing” Canadian authorities beneath Liberal Occasion Prime Minister Justin Trudeau, who may be very more likely to resign or be voted out of workplace by October 2025.
Trump — who thinks Canada has been ripping off the US over commerce — has been taunting Trudeau for weeks by referring to Canada as a potential US “state” and the prime minister as its “governor.”
“Nobody wants Trudeau to negotiate this deal,” O’Leary argued. “I don’t want him doing it for me. So I’m going to go to Mar-A-Lago. I’ll start the narrative.”
“The 41 million Canadians, I think most of them would trust me on this deal.”
In a Christmas Day Fact Social Put up, Trump argued that Canada ought to develop into a US state as a result of the taxes of its residents “are far too high.”
The president-elect declared that “if Canada was to become our 51st State, their Taxes would be cut by more than 60%.”
Trump additionally asserted that Canadian companies additionally “would immediately double in size, and they would be militarily protected like no other Country anywhere in the World” if the Nice White North was to affix the US.
