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Tuesday, February 8, 2011

The North American Union and Amero just got a lot closer

Joint Statement by President Obama and Prime Minister Harper of Canada on Regulatory Cooperation

Today, President Barack Obama and Prime Minister Stephen Harper have directed the creation of a United States-Canada Regulatory Cooperation Council (RCC), composed of senior regulatory, trade, and foreign affairs officials from both governments.

In recognition of our $1 trillion annual trade and investment relationship, the RCC has a two-year mandate to work together to promote economic growth, job creation, and benefits to our consumers and businesses through increased regulatory transparency and coordination.

They have directed that the first meeting of the RCC be convened within 90 days by the relevant agencies in the United States and Canada.

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