The case for a “mutual recognition” deal with the US

Maryscott Greenwood makes a characteristically strong and persuasive case that the United States and Canada should be bolder in reconciling the differences in our regulatory standards. Doing so would make it possible to overcome obstacles to market access that are particularly challenging for small and medium-sized enterprises in both countries — and opening trade to SMEs was one of the main purposes of the Canada-United States Free Trade Agreement and to some extent of the North American Free Trade Agreement (NAFTA).